India, as an investment destination, has taken one of the top spots in the emerging markets. This is the best time in history to invest in the Indian stock market, as the Indian economy is booming. India’s stock markets have staged record-breaking rallies this year, making the country a favorite among its Asia-Pacific counterparts. One of the Indian stock exchanges, the National Stock Exchange, was ranked third in the world in the equity segment by the number of trades in 2023.
The country’s equity market is trading near all-time highs, with investors flocking to IPOs. India’s booming stock market is attracting millions of individual investors looking to make quick money. The benchmark S&P BSE Sensex Index is up approximately 16% this year and reached an all-time high this month.
Inflation and its impact on interest rates are key drivers of market sentiment. We have seen an increase in inflation over the last two months, indicating that interest rates may remain higher than previously expected. If inflation falls in the future, the markets will be revitalized, propelling them to new highs. Analysts predict it could be another victory for the ruling nationalist Bharatiya Janata Party, which could propel stocks further.
During a specific period, the Indian stock market is open for business. Retail clients must complete these transactions through a brokerage firm on Monday through Friday from 9.15 a.m. to 3.30 p.m. (IST). The pre-opening session starts at 8:45 a.m. The majority of investors buy and sell securities listed on India’s two major stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The major stock exchanges in India use the same stock market timings.
Where to invest
Through a stockbroker app like Angel One, Upstox, Zerodha, Growth, and others open a Demat account and invest during the trading session between 9.15 a.m. and 3.30 p.m. on working days like Monday and Friday.
How to Invest
You can directly invest in equity, mutual funds, or systematic monthly investments (SIP).