Oh boy, buckle up folks! So, this dude named Ashishkumar Chauhan spilled the beans on India’s capital market at some fancy-schmancy conference organized by ASSOCHAM. Apparently, he thinks that the capital market in India is like a mirror reflecting the country’s overall economic strength and growth. Sounds pretty deep, right?
According to Chauhan, the market capitalisation of listed firms in India has shot up a whopping 120 times in the last 30 years. That’s a whole lot of moolah, standing at over Rs 440 lakh crore or $5.1 trillion now. And get this, the market valuations of companies listed on the NSE have grown six times in just 11 years since the Modi government came into power. Talk about some serious growth!
He also mentioned something about India being one of the fastest-growing major economies, with GDP projected to grow at 6.2% in FY26 and 6.3% in FY27. Meanwhile, global economic growth is expected to take a bit of a nosedive before picking up again. So, looks like India is holding its own in the economic race.
Now, here’s the juicy part. Chauhan spilled the beans on IPO fundraising in 2024, revealing that companies raised around Rs 1.67 lakh crore from 268 public offers. That’s a pretty penny, if you ask me. And while Singapore and the UK have been losing listed companies left and right, India seems to be holding its ground.
Looking forward, Chauhan believes that there’s huge potential for MSME listing on the stock exchanges. He emphasized the importance of attracting high-quality companies with transparent disclosures and strong financials to keep the investor trust alive. Oh, and did I mention that 1 in 5 Indian households is directly involved in the stock market? That’s a whole lot of people banking on the market’s success.
So, there you have it folks! India’s capital market seems to be on a roll, creating wealth left, right, and center. Who knew the stock market could be so exciting, right? Well, not really sure why this matters, but it’s cool to see India’s economy booming like this. Maybe it’s just me, but I feel like we should all be paying more attention to what’s happening in the financial world. Just a thought.