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India's Market Capitalization Could Reach $40 Trillion in 20 Years

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India,Market Capitalization,Growth

Analysts predict that India's market capitalization could easily grow to $40 trillion in the next two decades, driven by investor confidence and robust economic growth. With over 6,000 listed companies, India has the largest number globally, and they prefer raising equity earlier in their life cycle. Sujan Hajra, chief economist at Anand Rathi Share and Stock Brokers, believes that India's strong economic growth and stable currency can help achieve this target.

India's market capitalization can easily grow to $40 trillion in the next 20 years, driven by stronger investor confidence and robust economic growth, analysts said.

India's market capitalization can easily grow to $40 trillion in the next 20 years, driven by stronger investor confidence and robust economic growth, analysts said. "India's GDP growth has led to companies increasing their earnings and that is resulting in the stock market performance," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India.said the country's economy grew 7.2% for financial year 2023 and is estimated to grow 7.6% in financial year 2024. The country's financial year starts on April 1 and ends on March 31.

 

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