New Record on Dalal Street : India's market cap surpasses ₹4 | ACEink Official

New Record on Dalal Street :

India's market cap surpasses ₹400 lakh crore, marking a significant milestone.

Rapid Growth :

The market cap of all listed stocks on BSE reached ₹400 Lakh Crore from ₹300 Lakh Crore in just 9 months.

India's market cap crossed ₹50 lakh crore in 2007,
₹100 lakh crore in 2014, and
₹200 lakh crore in February 2021.

PSU stocks have been top performers, doubling in value in the past 12 months due to government initiatives and investor confidence.

Small and midcap stocks witnessed substantial gains, with Nifty Microcap 250 index rallying nearly 93%, Nifty Smallcap100 80%, and Nifty Midcap100 66%.

Expert Insights :

Experts suggest that changing macroeconomic expectations and global market conditions will continue to support India's equity markets.

Future Triggers:

Market performance will be influenced by central bank rate actions, election outcomes, and corporate earnings.

GDP Outlook :

India's GDP is projected to exceed $4 trillion in FY25/26 and $8 trillion by FY34, indicating sustained economic growth.


Retail Participation :

Domestic retail investors have surged, with demat accounts reaching 151 million in March 2024 from 36 million in March 2019.

Retail investors shifting their savings to equities contributed to this growth, with BSE's market cap increasing by ₹100 Lakh Crore.

India mkt cap~400 lac crore
FII holdings ~64 lac cr

FII ownership ~16% lowest since 2008

Despite FII reducing India stake for 3 yrs, mkts made a new high.

Power of Retail Participation


Disclaimer : This is not an investment advice and this is not an investment recommendation.