India's capital market has surged significantly over the past four years as the number of demat accounts in the country has surged more than fourfold, reaching 17.9 crore (179 million) by October 2024, says a report by Motilal Oswal.
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.
Indian stock markets declined after opening flat on Monday, with selling pressure mounting after lower-than-expected GDP numbers were released last week.
The Indian stock market has historically witnessed significant volatility, with intra-year drawdowns of 10 per cent or more recorded in 22 times out of the last 25 years, according to a recent report by Motilal Oswal.
The Indian stock markets are closed on Friday in observance of Prakash Gurpurb, marking the birth anniversary of Guru Nanak Dev, the founder of Sikhism.