India overtakes Germany as world's seventh biggest stock market
India's stock market has overtaken Germany's to become the seventh-largest in the world with a market capitalisation of $2.08 trillion. This is the first time in seven years that India moved past the equity market of Europe's largest economy, according to Bloomberg. At $27.07 trillion, US is world's biggest stock market, followed by China ($5.46 trillion) and Japan ($5.41 trillion).