india’s equity market is on the cusp of overtaking that of the uk in value to join the world’s topfive club at least by one measure the likely feat comes as recordlow interest rates and a retailinvesting boom propel stocks in the former british colony to record highs india’s market capitalization has surged 37 this year to 346 trillion according to an index compiled by bloomberg representing the combined value of companies with a primary listing there that’s closing in on the uk which has seen an increase of about 9 to 359 trillion though the number is much larger if secondary listings and depositary receipts are included