Skip to main content

Sensex surge, coal and COP28

The rally in Indian equities over the past month is likely to have left overall market capitalisation at almost US$4trn, and on the cusp of overtaking Hong Kong’s equity market to become the seventh largest in the world. Further gains are likely next year. Meanwhile, for all the headway made in reaching agreements at COP28, India still faces a monumental task in reducing its reliance on coal over the coming decades.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.