Market-capitalisation (market-cap) of Indian equities is likely to hit $6.1 trillion by 2027
Within the Asian region, India's equity market is expected to grow the fastest of the major markets at 10.1 per cent compounded annual growth rate (CAGR), reaching $6.1 trillion by 2027. Market-cap of China/Hong Kong equities combined will increase at a 7.9 per cent CAGR from $13.8 trillion currently to $30 trillion, almost the current size of US equity market-cap of $31 trillion. Japan would be the next largest equity market at $8 trillion,” the Morgan Stanley report co-authored by Jonathan Garner, their chief Asia & emerging markets equity strategist says.
The research house also expects the market-cap of Asian equities (combined) to double to $56 trillion over the next 10 years. This scorching pace of growth, it feels, will put Asia at the numero uno position, ahead of North America as the world's largest equity market region by 2027.
Market-capitalisation (market-cap) of Indian equities is likely to hit $6.1 trillion by 2027, up from $2.3 trillion in 2017, predicts Morgan Stanley in its recent Asian equity Strategy Report titled: Asia’s Financial Acceleration – Moving Centre Stage.
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The research house also expects the market-cap of Asian equities (combined) to double to $56 trillion over the next 10 years. This scorching pace of growth, it feels, will put Asia at the numero uno position, ahead of North America as the world's largest equity market region by 2027.
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