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  • India's first $1 trillion stock likely by 2032: Report
  • Brokerage reveals top 3 contenders revealed

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India's first $1 trillion stock likely by 2032: Brokerage reveals top 3 contenders

Report further adds that investors are looking forward to Dalal Street producing its first $1 trillion stock by 2032

India's first $1 trillion stock likely by 2032: Brokerage reveals top 3 contenders

India is on the brink of claiming the title of the fourth-largest equities hub, outpacing Hong Kong, as per a report by domestic broking firm ICICI Securities. The report further adds that investors are looking forward to Dalal Street producing its first $1 trillion stock by 2032.

As per the brokerage's calculations HDFC Bank is most likely to achieve this goal. Other contenders include Reliance Industries, which is India's largest-listed company currently. However, this hinges on a 21% profit growth trajectory.

Bajaj Finance, meanwhile, would need to maintain a growth rate of 35%-40% over the next decade to achieve this milestone.


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