2024 saw increased retail participation in stock markets, while foreign institutional investors had a limited impact as small- and mid-cap stocks thrived.
India became the world's fourth-largest stock market by capitalization, achieving milestones such as surpassing a $5 trillion market cap.
Trent emerged as the top-performing large-cap stock, soaring 136%, fueled by substantial revenue growth.
Noteworthy IPO performances included Vibhor Steel Tubes, which saw a 195.5% premium for investors upon listing.
Despite stiff competition from cryptocurrencies, gold prices also surged significantly, as central banks accumulated gold to diversify reserves.