Why did Taiwan, South Korea overtake India? Drop from 5th to 7th largest stock market - explained in 10 charts

In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs.

Jun 2, 2026 - 21:00
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Why did Taiwan, South Korea overtake India? Drop from 5th to 7th largest stock market - explained in 10 charts
In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs.

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