National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) Market Cap Set to Surpass $10 Trillion by 2030


National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)
National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)
Spread the love

India’s Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have created $1 Trillion of wealth in only six months. These indices have stood their ground against the pullout by foreign institutional investors (FIIs) ahead of the Lok Sabha election on June 4. They went from $4 trillion in November 2023 to $5 trillion this week, this has been quite an achievement.

Determination of Market Professionals

The extent of wealth that has been created in this bull run has been unprecedented in the Indian market history. Still, this growth is driven by DIIs, retail investors, and HNIs while FIIs pulled out about ₹28k crore from the market this month.

The market professionals determined that if the market remains like the past 10 to 20 years and with India projected to be the third largest economy by 2027 then the collective market capitalization of BSE and NSE could reach $10 trillion by 2030.

Scale Begets Inflows

Market expert Ajay Bagga adds that scale leads to higher inflows, which in turn generate a larger scale, thus forming a positive feedback loop of market returns and investment. The positive economic ratios accompanied by high FDI and FPI inflows contribute towards this growth. 

Sectoral Momentum

With core Indian sectors such as financials and information technology (IT) picking up, the overall market cap is expected to grow at a faster rate. Also, the listing of many more companies that are unlisted will improve the size of the market capitalization. Now, there are over 130 unicorns in India, but many more could go public in the future. 

Market Capitalization Milestones 

Conclusion

Currently, the Indian stock market stands as the fifth largest market in the world with a market capitalization of $5 trillion. The increase from $4 trillion to $5 trillion in such a short time especially while FIIs were pulling out money has surely boosted the confidence of the retail investors. 

Amid the growth path of India, the Nifty index may reach 24,500-25,000 and the Sensex may touch 80,000-81,000 levels in FY26. Indian stock markets are on an upward trend, and it would not be wrong to predict that by 2030, there will be $10 trillion in the market reflecting the strengths of the Indian economy and investors.

Image Source: Business Insider  


Spread the love

Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.


Scoopearth Team
Hi This is the the Admin Profile of Scoopearth. Scoopearth is a well known Digital Media Platform. We share Very Authentic and Meaningful information related to start-ups, technology, Digital Marketing, Business, Finance and Many more. Note : You Can Mail us at info@scoopearth.com for any further Queries.