India s market capitalisation can grow from $4.8 trillion now to $50 trillion in the next 20 years, National Stock Exchange (NSE) CEO Ashish Chauhan has predicted.
The Indian stock market is on the verge of hitting the coveted $5 trillion market capitalisation mark following an unprecedented amount of wealth creation. India joined the $4 trillion club on 29 November 2023 and is now the fourth largest stock market in the world. Going by the track record of last 3 months, India can join the exclusive $5 trillion club as soon as next month. Jefferies expects $10 trillion by 2030. Retail investors have made the most of this mega bull run.