Ahmedabad Times

South Korea’s fairness market has overtaken India’s because the world’s sixth largest, pushed by a relentless surge in chip heavyweights powering the worldwide synthetic intelligence buildout.

The full market capitalization of Korea-listed firms has soared 86% this 12 months to $5 trillion, whereas India’s has declined to $4.8 trillion, knowledge compiled by Bloomberg present.

Samsung Electronics Co. and SK Hynix Inc., newly minted members of the $1 trillion valuation membership, have powered Korea’s fairness surge, lifting the Kospi’s 2026 good points to greater than 100% by means of their dominance in AI reminiscence chips. Korea has vaulted previous Canada, Germany, the UK, and France this 12 months.

“Closing in on India is a outstanding milestone for a market that, not way back, was setting Kospi 5,000 as an bold goal,” mentioned Ross McGarry, senior funding analyst at Asset Worth Buyers. “This 12 months’s rally, although, has been closely carried by the reminiscence cycle — Samsung and SK Hynix have executed the heavy lifting. The true check is whether or not Korea can maintain this re-rating by means of real company governance reform.”

India, in the meantime, has been dragged decrease by a weakening rupee, document overseas outflows and a dearth of firms immediately linked to the AI infrastructure.

Whereas Korea has overtaken in market worth, India’s $4.15 trillion financial system — among the many quickest rising on the earth — nonetheless trumps Seoul’s $1.93 trillion gross home product, in response to Worldwide Financial Fund estimates.