The market capitalization of Indian listed companies on NSE surpassed USD 5 Trillion (Rs 416.57 trillion) on May 23, 2024. On the same day, the Nifty 50 Index touched an all-time high of 22,993.60 The Nifty 500 index also touched an all-time high of 21,505.25 today indicating that growth in equity market is not restricted…
NSE-listed companies reached $5 trillion market cap in just 6 months, with Nifty hitting new highs. Nifty 500 index also reached an all-time high, indicating broad-based growth. Market participation has expanded, with corporate resource mobilization and improved liquidity in the secondary market.
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The market capitalisation of listed companies on the NSE surpassed $5 trillion, coinciding with record highs in the Nifty 50 and Nifty 500 indices. This growth reflects broad-based equity market gains and robust resource mobilisation. NSE credits progressive regulatory frameworks and investor confidence for this achievement.