Summary:
India's stock market is seeing historic inflows from retail investors, with mom-and-pop investors contributing Rs. 1.54 trillion (US$ 18.01 billion) to the National Stock Exchange by November 30, surpassing the previous record of Rs. 1.42 trillion (US$ 16.61 billion) in 2021. This comes in contrast to a decline in foreign interest, with global investors contributing just Rs. 120 crore (US$ 14 million) in 2023 and foreign withdrawals totaling Rs. 98,950 crore (US$ 11.57 billion) since October.
Despite these foreign withdrawals, experts remain optimistic about India's market, highlighting opportunities created by recent share price corrections. Bajaj Financial Securities forecasts a 19% gain for the Nifty, which may reach 28,700 points. Strong domestic investment supports a tenth consecutive year of growth. Analysts predict continued market expansion in 2025, fueled by planned government investment and favorable global trade trends.
Source: IBEF
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