Jefferies on Nifty, $10 trillion stock market, FPI flows, PM Modi, BJP, Congress & more

Jefferies said India’s market cap is currently the 5th largest globally at $4.5 trillion but India’s weight in global indices is still low at 1.6 per cent. Japan ($6 trillion) and Hong Kong ($4.8 trillion) are at present ahead of India in the m-cap race.
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