New Delhi, Jan. 31 -- India's stock markets overcame challenges such as geopolitical tensions, currency fluctuations, and domestic market volatility to reach new heights in FY25, driven by an increasing number of investors, active listing activities, and regulatory support, according to the Economic Survey 2024-25.

The capital markets are central to India's growth story, catalysing capital formation for the real economy, enhancing the financialisation of domestic savings, and enabling wealth creation, the Survey noted. Over a longer period, India's stock market has been one of the top performers globally, with a compounded annual return of 8.8% over the past 10 years, according to the survey.

The number of retail investors in India surg...