NSE's market cap increased by 21 pc to Rs 438 lakh crore in 2024

NSE Achieved Historic ₹438.9 Lakh Crore Market Cap in 2024.

Expert Analysis :

• Market Cap Growth: In 2024, the National Stock Exchange (NSE) achieved a 21% YoY market cap growth, reaching ₹438.9 lakh crore ($5.13 trillion) as of December 31, 2024, from ₹361.05 lakh crore ($4.34 trillion) on December 29, 2023.

• Total Listings: A total of 301 companies were listed on the NSE, including 90 mainboard companies 178 SMEs, and 33 directly listed companies.

• Mainboard IPO Performance: Mainboard companies raised ₹1.59 lakh crore, with an average IPO size of ₹1,772 crore.

• SME IPO Performance: SME companies raised ₹7,348 crore, with an average IPO size of ₹41 crore.

• NSE Benchmark Index Performance: On December 31, 2024, NSE's benchmark index closed at 23,645, up from 21,731 on December 29, 2023.

• Index Performance: NSE indices performed well, with Nifty Next 50 delivering 27.4% returns, Nifty Smallcap 50 at 25.3%, and Nifty Midcap 50 at 21.5%.

• Market Cap-to-GDP Ratio: NSE's market cap-to-GDP ratio increased by 29% from 117% in 2023 to 145% in 2024.