An investor can have a portfolio spread across several Indian companies and still be exposed to a surprisingly narrow slice of the global economy. Owning different stocks may reduce dependence on individual businesses. It does little, however, to address the limits of investing in a single market.
The scale of that limitation becomes clearer when viewed against global equity markets. India's share of global market capitalisation fell to around 3% in May 2026, according to market data reported by Mint, citing Motilal Oswal. In other words, the overwhelming majority of listed equity market value lies outside India.
