Is India Leading the Global Growth Race with a Decade of Market Success?
Synopsis
Key Takeaways
- India's GDP growth projected at 7.4 percent.
- 10-year winning streak in equity markets.
- Record fundraising on the NSE: Rs 19.6 lakh crore.
- 220 IPOs raising Rs 1.78 lakh crore.
- 12.5 crore unique investors.
Mumbai, Jan 19 (NationPress) India has solidified its position as the fastest-growing major economy worldwide, with GDP growth projected at 7.4 percent, according to the recent Market Pulse report published by the National Stock Exchange of India on Monday.
The report emphasizes robust macroeconomic stability, increasing investor engagement, and unprecedented fundraising efforts in capital markets throughout 2025.
According to the First Advance Estimates, India's economic progress significantly outpaced global counterparts, bolstered by steady domestic demand and government expenditure.
Inflation remained beneath the Reserve Bank of India's lower tolerance threshold for a majority of the year, allowing the central bank to reduce the repo rate by a total of 125 basis points throughout 2025.
Moreover, India's external financial position stayed strong, supported by consistent services exports, substantial remittance inflows, and foreign exchange reserves nearing the $700 billion mark.
In terms of market activity, Indian equities have achieved a remarkable 10-year winning streak, as highlighted in the report.
The capital markets experienced a record-breaking fundraising year, with total capital raised on the National Stock Exchange reaching an unprecedented Rs 19.6 lakh crore in 2025, a 10 percent increase compared to the previous year.
This figure was more than double the net bank credit provided to the industry and services sectors.
The debt markets led the fundraising efforts with Rs 15.1 lakh crore, while equity fundraising totaled Rs 4.2 lakh crore.
India also distinguished itself as a global frontrunner in initial public offerings, with 220 IPOs registered on the NSE throughout the year, raising Rs 1.78 lakh crore.
Worldwide, there were 367 IPOs, with India representing 28.4 percent of total global listings.
Investor engagement in the markets continued to grow, with the unique investor base expanding to 12.5 crore, while overall client accounts surpassed 24 crore.
Although the addition of new investors slowed to 1.6 crore in 2025 from 2.3 crore in 2024, the report suggests this trend reflects a normalization rather than an exodus from the markets.
Nearly 70 percent of all investor accounts were created within the last five years.