Equity market Other market segments have even more potential for further advances in the level of integration. In fact, the euro area equity markets are still quite fragmented, but a gradual integration process is ongoing. For example, our indicators show that stock prices across the euro area increasingly react to euro area-wide factors and news.
At this moment, as mentioned in the foregoing, circumstances in India do not seem to warrant a serious consideration of establishing either a Stabilisation Fund or a SWF.