India share of global market cap slips below 3% as foreign money pulls out

FPIs sell hard even as India stays fifth worldwide

India’s share of global market capitalization has fallen under 3%, pressured by a prolonged bearish run and heavy foreign portfolio investor outflows. Even with the slide, the country remains fifth globally with a market cap of about $4.9 trillion. However, Taiwan and South Korea are closing the gap quickly, signaling faster shifts in global investor preference.