In contrast, the US saw a modest 2.75% growth to $56.84 trillion, while China's market fell by 5.6% to $8.6 trillion in the same period.
Japan's market fell by 6.24% to $6.31 trillion, whereas Hong Kong grew by 7.3% to $5.15 trillion, slightly ahead of India's market.
In contrast, the US saw a modest 2.75% growth to $56.84 trillion, while China's market fell by 5.6% to $8.6 trillion in the same period.
Ajay Bagga credits India's market strength to years of macroeconomic expansion, rising corporate profits, and the rupee's outperformance.
In June, Sensex and Nifty surged by nearly 7%, while BSE MidCap and SmallCap indices gained 7.2% and 10.8%, respectively, reflecting strong market sentiment.
Analysts anticipate continued momentum in July, driven by a reformative budget, potential rate cuts, and favorable monsoon forecasts boosting rural spending.