S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
China has overtaken the US to emerge as India’s largest trading partner in 2025–26, after the US held that position for four consecutive years through 2024–25. Bilateral trade with China reached USD 151.1 billion, according to government data cited by the Economic Times. Meanwhile, India’s trade deficit with Beijing widened to USD 112.16 billion during the period. Exports to China surged 36.66% to USD 19.47 billion in the last fiscal year, while imports rose 16% to USD 131.63 billion. The trade deficit swelled to an all-time high of USD 112.6 billion in 2025–26, compared with USD 99.2 billion in 2024–25. On the other hand, outbound shipments to the US grew marginally by 0.92% to USD 87.3 billion during the last fiscal year, while imports climbed 15.95% to USD 52.9 billion. The trade surplus declined to USD 34.4 billion in 2025–26 from USD 40.89 billion in 2024–25.
