December 29, 2023Anmol Nagpal

Key milestones achieved by the Indian stock market in 2023

Nifty 50 index delivered nearly 20 per cent returns, while BSE Sensex surged more than 18 per cent in 2023 so far.

Source: BSE, NSE

Broader markets outperformed the frontliners by a heavy margin as the Nifty Smallcap 100 index surged 54 per cent, while the Nifty Midcap 100 jumped over 44 per cent in 2023.

Source: Unsplash

The market cap to GDP ratio increased by 10 percentage points to 115 as of December 25, 2023, from 105 on December 31, 2022.

Source: Pexels

India’s market capitalisation crossed the $4 trillion mark. The Indian stock market is ranked fourth in the world in terms of market capitalisation, following the United States, China and Japan.

Source: Unsplash

Nifty 50 touched 20,000 on September 11, 2023, and soon 21,000 on December 8, 2023.

Source: NSE

Indian market commenced the year 2023 on a somber note, with the Nifty 50 experiencing a decline of over 2% each in the initial two months. The index recorded negative returns in Jan, Feb, Aug, Oct.

Source: Pixabay

The NSE secured a prominent global position, standing as the third-largest exchange worldwide based on the number of trades in the cash market segment, commanding a substantial 10.8% share globally.

Source: National Stock Exchange

NSE became the world’s largest equity derivatives exchange. As of November-end 2023, the NSE commanded 73.7 per cent global share in the number of contracts traded in equity derivatives.

Source: Freepik

Furthermore, NSE maintains a robust 60.5 per cent global share in the number of contracts traded across all asset classes in the derivatives market for the same period.

Source: Unsplash

Number of registered investors in the stock market increased 22.4% to 8.49 crore as on December 25, 2023, from 6.94 crore on December 31, 2022. The investor base increased from 7 crore to 8 crore.

Source: Pexels