Robust Indian Economy, Shrinking Stock Market

by Rahul Gautam Aug 12, 2020 • 06:56 PM Views 1302

The impression of the declining Indian economy can be easily seen on the stock market. The reason behind this is possible because India has been going through a tremendous economic slowdown for the last two years. On one hand, while the industries are shrinking, big companies are constantly expanding. In 2019, India's share in the world market cap came down to 2.5% while its share in world GDP reached 4.7%. Put simply, India's stock market has shrunk, even though the economy has grown.