India’s $7 tn economy dream gets 70k market booster

BSE India total market capitalisation has crossed $4 trillion and its GDP is in striking distance of $4 trillion. Global investors’ portfolios are divided into US, Europe, China, and emerging markets. India stands out in terms of growth and offers the ‘5D advantage’ of debt stability, deglobalisation, digitization, deregulation, and demographics. As India moves towards its $5 trillion GDP, sectors like banking, consumer discretionary, IT, pharma, chemicals, and defense are expected to lead growth. India is on the path to becoming the third largest economy and could reach $7 trillion in the upcoming decades.