India’s Stock Market on Track to Overtake U.K.’s in Value

Bloomberg2021-10-11

India’s market cap is less than 4% away from matching the U.K. IPOs, growth rate have boosted India as Brexit weighs on U.K. India’s equity market is on the cusp of overtaking that of the U.K. in ...

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ivanlam
2021-10-11
ivanlam
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Sriwonc
2021-10-11
Sriwonc
Like pls

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndia’s Stock Market on Track to Overtake U.K.’s in Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-11 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-10-11/roaring-india-stock-market-on-track-to-overtake-u-k-s-in-value?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>India’s market cap is less than 4% away from matching the U.K.\nIPOs, growth rate have boosted India as Brexit weighs on U.K.\n\nIndia’s equity market is on the cusp of overtaking that of the U.K. in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-11/roaring-india-stock-market-on-track-to-overtake-u-k-s-in-value?srnd=markets-vp\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PIN","symbol_name":"印度ETF-PowerShares","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-10-11/roaring-india-stock-market-on-track-to-overtake-u-k-s-in-value?srnd=markets-vp","article_id":"1110998776","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110998776","pubTimestamp":1633956888,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"India’s market cap is less than 4% away from matching the U.K.\nIPOs, growth rate have boosted India ","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PIN":"印度ETF-PowerShares","VUKE.UK":"英国富时100"},"translate_title":"印度股市有望超越英国股市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PIN":0.9,"VUKE.UK":0.9},"content_text":"India’s market cap is less than 4% away from matching the U.K.\nIPOs, growth rate have boosted India as Brexit weighs on U.K.\n\nIndia’s equity market is on the cusp of overtaking that of the U.K. in value to join the world’s top-five club, at least by one measure. The likely feat comes as record-low interest rates and a retail-investing boom propel stocks in the former British colony to record highs.\nIndia’s market capitalization has surged 37% this year to $3.46 trillion, according to an index compiled by Bloomberg, representing the combined value of companies with a primary listing there. That’s closing in on the U.K., which has seen an increase of about 9% to $3.59 trillion, though the number is much larger if secondary listings and depositary receipts are included.\nAs the two economies converge in size, India’s higher growth potential and a vibrant technology sector that’s seen a flood of startups going public this year are giving the emerging market an edge. 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