The 12 months 2024 has been a historic 12 months for the Indian inventory market because the market cap of the Nationwide Inventory Alternate (NSE) elevated by 21 per cent on YoY (year-on-year) foundation to Rs 438.9 lakh crore ($5.13 trillion) as of December 31, 2024, from Rs 361.05 lakh crore ($ 4.34 trillion) on December 29, 2023, in accordance to an information launched by it on Tuesday.
A complete of 301 corporations have been listed on the NSE in 2024.
Out of those, 90 have been mainboard and 178 have been SME corporations. On the similar time, 33 corporations have been instantly listed.
In 2024, IPOs of 90 mainboard corporations got here. All these corporations raised a complete quantity of Rs 1.59 lakh crore. The common IPO dimension amongst mainboard corporations was Rs 1,772 crore.
The biggest IPO this 12 months was launched by Hyundai Motor India with a problem dimension of Rs 27,859 crore. The smallest IPO of Rs 72 crore was launched by Vibhor Metal Tubes.
This 12 months, 178 SME corporations raised Rs 7,348 crore by means of IPOs. The common dimension of SME IPOs was Rs 41 crore. The biggest SME IPO was launched by Danish Energy with a problem dimension of Rs 198 crore. The smallest SME IPO of the 12 months was launched by HOAC Meals India Ltd with a problem dimension of Rs 6 crore.
In 2024, Nifty50 surged 8.8 per cent on an annual foundation.
On December 31, 2024, NSE’s benchmark index closed at 23,645, towards 21,731 on December 29, 2023.
Among the many NSE indices, the Nifty Subsequent 50 index has given the very best return of 27.4 per cent. On the similar time, Nifty Smallcap 50 and Nifty Midcare 50 have given returns of 25.3 per cent and 21.5 per cent, respectively. NSE’s market cap to GDP ratio was 145 per cent on December 31, 2024, which was 117 per cent on December 29, 2023, exhibiting a rise of 29 per cent.
