$5 Trillion Milestone

India's stock market has reached a significant milestone, surpassing a market capitalization of $5 trillion for the first time. This achievement comes as Prime Minister Narendra Modi's coalition has committed to maintaining policy continuity, which has provided stability and confidence among investors.

Several factors have contributed to this milestone. Over the past six months alone, the market has created $1 trillion in wealth, despite foreign institutional investors pulling out substantial amounts.

The increase in market cap is primarily driven by domestic institutional, retail, and high-net-worth individual (HNI) investors.

India's stock market is now the fifth-largest in the world, trailing only the United States, China, Japan, and Hong Kong. The country's rapid economic growth and structural reforms, such as improvements in governance, digital infrastructure, and a vibrant startup ecosystem, have been pivotal in attracting investments and fostering market growth 

Looking forward, the Indian stock market is expected to continue its upward trajectory, with predictions that it will reach a market capitalization of $10 trillion by 2030. This growth is anticipated to be fueled by continued reforms, increased domestic and foreign investments, and the potential listing of major unicorns and other large companies