India's share in global m-cap falls below 3% for 1st time in 4 yrs

India's share in global market capitalisation has slipped below 3% for the first time in four years, driven by Middle East war and relentless foreign investor outflows. As of May 11, India's share stood at 2.996%, a level last seen in March 2022, Bloomberg data showed. The country's share in global market capitalisation had peaked at 4.71% in September 2024.