MUMBAI: On Tuesday, India slipped to the seventh spot in terms of stock market valuation as South Korea marched to sixth. In the last two years, India has slipped three places in the rankings after Hong Kong, Taiwan and South Korea overtook it, historical data showed.

South Korea's stock market has now surpassed India's, becoming the world's sixth largest. This significant shift is largely due to the booming performance of its chip giants,…

In yet another setback, South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. Last week, India was overtaken by Taiwan to…