Indian stock market becomes 7th largest in the world, overtakes Germany
Shortpedia
Content Team
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Amid foreign markets having a meltdown due to Federal Reserve tightening and a trade war between the U.S. and China, India's stock market has overtaken Germany due to its reliance on domestic demand and become the seventh largest market in the world. India derives only 11% of gross domestic product from exports. India is also projected to grow 7.5% this year as compared to Germany's growth rate of 1.6% for each year.
