New Delhi [India], creating an unprecedented wealth of US$ 1 trillion in just 6 months, challenging both the Indian stock market BSE and NSE indices FII (before the exit of foreign institutional investors) to the tune of US$ 5 trillion. Have joined the club. Following the Lok Sabha election results on June 4, it took less than six months for the BSE and NSE to move from US$4 trillion in November 2023 to US$5 trillion this week. Such a pace of wealth creation has never been seen before in the history of the Indian market. Data shows that this bullish phase has been fueled by domestic institutional, retail and HNI (high net worth individuals) investors as FIIs poured in this month. At least Rs 28,000 crore has been withdrawn from the market. Market experts say that the market returns are in line with this. Over the last 10 to 2 years, and with India expected to become the third largest economy by 2027, the market cap of BSE and NSE is expected to reach US$10 trillion by 2030.Scale gives rise to more inflows and initiates the virtuous cycle of investment and market returns, says market expert Ajay Bagga and adds, “Amid the huge increase in FDI and FPI inflows on the back of a favorable economy, both NSE and BSE listed companies are The market cap has a good chance of crossing USD 10 trillion by or before 2030. “By the end of 2024, there is a good possibility of Indian markets being around USD 5.5 to 5.75 trillion,” he said. As key Indian sectors like financial and IT gain momentum, Indian market capitalization will grow rapidly. Listing of more unlisted companies will also add to this growth. With 130 unicorns, India has a huge pool of potential listings that will further increase the market cap” If we look at the journey of market capitalization of listed companies, it took 1 year to reach from US$ 1 trillion to US$ 2 trillion But it took less than 6 months.Reach US$4 trillion to US$5 trillion History of Indian stock market capitalization - US$1 trillion: May 200 - US$2 trillion: July 2017 (10 years - US$3 trillion: May 2021 (4 years - 4 trillion US Dollar: November 2023) 2.5 years - USD 5 trillion: May 2024 (6 months) With USD 5 trillion market cap, the Indian stock market now ranks fifth in the world in terms of market cap. From USD 4 trillion to USD 5 trillion The pace of the jump, despite the exit of FIIs, has brought new confidence in retail investors, "India's total market capitalization crossing US$ 5 trillion is mainly due to strong economic growth and strong corporate performance trend. The total market capitalization of India is now the world's fourth largest by terms, indicating the breadth and depth of the Indian listed equity space and its long-term potential." Harsha Upadhyay, CIO - Equity, Kotak Matua Fun Experts say that if we look at the world's major markets, Compared to this, the Indian market still has a long way to go. The US leads the market with a market cap of around US$55.6 trillion, followed by China at second place with a market cap of US$9.4 trillion.The market cap of Japan and Hong Kong is around US$6.42 trillion and US$5.47 trillion respectively “By FY26, Nifty index may reach the level of 24,500-25000, while Sensex may touch the mark of 80,000-81000” Shrikant Chauhan, Head Equity Research, Kotak Securities The market has been volatile in the last few weeks amid election speculations, but the investor community is reassured by the comments of Prime Minister Narendra Modi and Home Minister Amit Shah on the ruling party getting a comfortable majority, said Head Equity Research. It is visible. Rajesh Palviya, another market expert at the alliance, says inflows into equities are encouraging and Indian markets could see new highs by the end of the year. 2024. There is buying interest in most key sectors and improving macro data. Corporate earnings are rising, and tax collections are seeing good growth, which is quite encouraging for the equity market. We expect the Sensex to continue its gains and we may see the Sensex reach 78000-79000 by the end of 2024,” says Rajesh Palviya, SVP Research (Head Technical & Derivatives), Axis Securities. The government says this with hope.Indian markets will reach new heights due to Centre's push on reforms, new listings and increasing retail investors.