2024: A Bumper Year for Indian Stock Market Investors

In 2024, stock market investors in India witnessed a substantial increase in wealth, with the BSE Sensex rising over 8%, resulting in a market capitalization surge of Rs 77.66 lakh crore. Despite various global uncertainties and significant volatility, the Indian stock market maintained a positive trend.

In 2024, Indian stock market investors experienced a remarkable year, with wealth amplifying by Rs 77.66 lakh crore, riding on an overall buoyant trend in equities. The BSE Sensex climbed 8%, achieving an all-time high of 85,978.25 points in September, an indication of ongoing confidence in India's economic performance.

Market analysts witnessed a year riddled with volatility, yet positive undercurrents prevailed. The Nifty reached a historic peak in September before correcting, driven by domestic political optimism, anticipated interest rate cuts, and inflation moderation, notwithstanding global market volatility and the unwinding of the Yen carry trade affecting performance.

October, however, marked a significantly challenging period with record-breaking foreign fund outflows due to tight valuations and global uncertainties. Despite FIIs booking profits, domestic investors continued to stabilize the market momentum, buoyed by active retail participation and new IPOs boosting market sentiment.

(With inputs from agencies.)