In 2024, the National Stock Exchange (NSE) of India emerged as the leading global exchange for initial public offering (IPO) proceeds, raising over $20 billion from more than 330 IPOs. This performance contributed to an increase of over $160 billion in the market value of Indian companies, reflecting a multiyear rally in the country's stock market. Analysts predict that the robust trend in IPOs is likely to continue into 2025, with expectations of another strong showing in the Indian market. The stock market's performance in 2024 has raised questions about investor sentiment for the coming year, as high valuations could either deter new investors or sustain momentum in share prices.