
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan's market is concentrated, while India's capital spans broad economic sectors.

Taiwan has emerged as the world’s fifth-largest stock market, overtaking India amid a massive rally in semiconductor stocks. The rise has been powered largely by Taiwan Semiconductor Manufacturing Company (TSMC), which has become one of the biggest beneficiar…