India’s stock market risks dropping out of top five as AI rallies boost Taiwan and Korea

India, which recently became the world's fourth-largest stock market, faces the risk of losing its top-five standing due to the surging popularity of AI hardware. While India boasts significant AI talent, its tech sector focuses on IT services rather than the semiconductors produced by Taiwan and South Korea. Investors are currently prioritizing direct exposure to hardware manufacturers like TSMC, Samsung Electronics, and SK Hynix, causing capital to flow toward those regions. This shift could lead to decreased passive investment inflows for India, as its service-oriented market composition struggles to compete with the immediate, hardware-driven revenue growth seen in East Asian markets.

(Source：Crypto Briefing)