Kolkata Wealth Management：Long-Term Outlook Bright for India ETFs

A combined market value of $10 trillion might not sound impressive to the U.S. at a time when the top four components in the S&P 500 have a combined market cap of almost $9.7 trillion, but consider the following, courtesy of India Briefing.

India’s stock market was worth $1 trillion in late May 2007 and needs another decade to double in size before joining the $3 trillion club four years laterKolkata Wealth Management. In other words, if the aforementioned Jefferies forecast proves accurate, India’s equity market could notch tenfold growth in less than a quarter of a century. That has the potential to benefit ETFs such as .

“India has established itself as a rival to China because of its rapid increase in equity share, drawing in new investment from both international corporations and investors. The country’s stable political system and consumption-driven economy, which continues to be among the fastest-growing among major nations, are additional factors that may have contributed to the strong performance,” according to India Briefing.Kanpur Investment

Confirming that India is a rising player on the global market cap stage, the National Stock Exchange of India is the sixth-largest equity market in the world, trailing only the New York Stock Exchange , the Nasdaq, Europe’s Euronext, Japan, and the Shanghai Stock Exchange. With the help of some holdings, India’s major bourse is larger than rivals in Shenzhen, Hong Kong, and London, just to name a few. For patient investors, could potentially deliver impressive long-term gains.

“National Stock Exchange () Ashish Chauhan predicts India’s market capitalization may reach up to US$50 trillion in the next 20 years,” added India Briefing.

For more news, information, and analysis, visit the Modern Alpha Channel.Ahmedabad Investment

Hyderabad Wealth Management