When it comes to growth, the Indian stock market continues to be a prominent part of the global conversation. That’s because by any measure you choose – whether it’s the number of people who are investing, national economic expansion, or the value of leading publicly traded companies – India has impressive numbers.
According to BSE, which was formerly known as the Bombay Stock Exchange, registered investors in India topped 160 million at the beginning of 2024. That’s slightly more than the number of Americans that own stock – and while adoption isn’t exactly growing aggressively in America, India continues to see young and hungry investors dive in at a rapid clip.
As for dollars, the figures are equally impressive. In May, the market capitalization of India’s stock market hit the $5 trillion mark. That makes it one of just five national markets above that threshold – the others being the U.S., China, Japan and Hong Kong.
Looking to the economic side of things, the International Monetary Fund has projected that real gross domestic product growth for India in 2024 will come in at an impressive 6.8% annual rate – making it the fastest-growing nation that’s in the G20. Considering India is already the fifth-largest economy in the world as measured by GDP, that’s an even more impressive feat.
With stats like that, the Indian stock market is attractive globally and not just to local investors. That means U.S. traders are increasingly looking for ways to invest in the…
