Taiwan Overtakes India as Fifth Largest Stock Market
Why in the news
India lost its place as the world’s fifth biggest equity market to Taiwan. The gap in market value was very thin, only USD 0.03 trillion.
Key facts
- Taiwan market capitalisation: USD 4.95 trillion.
- India market capitalisation: USD 4.92 trillion.
- Taiwan’s gain came from the AI-led chip boom centred on TSMC.
- India faced FPI outflows and weaker benchmark indices as global investment trends shifted.
| Market | Market cap (USD trillion) | Rank |
|---|---|---|
| Taiwan | 4.95 | Fifth |
| India | 4.92 | Sixth (overtaken) |
Exam angle
- Related terms: market capitalisation, FPI (foreign portfolio investor), semiconductor.
- Company to remember: Taiwan Semiconductor Manufacturing Company (TSMC).
- Question pattern: which country overtook India as the fifth largest stock market?