Stock market return (%, year-on-year) in India

India: Stock market return (%, year-on-year) was 21.5% in 2021. ◆ Volatile

Latest (2021)
21.5%
Change on year
down 31.2%
World rank
40th
of 86 countries
All-time high
119.0%
in 1992
All-time low
-37.0%
in 2003
Years of data
38
1984–2021

Stock market return in India, 1984–2021

-500501001984200220211984: 30.5 %, year-on-year1985: 9.6 %, year-on-year1986: 13.3 %, year-on-year1987: 95 %, year-on-year1988: 5.3 %, year-on-year1989: -4.5 %, year-on-year1990: 41.4 %, year-on-year1991: 39.2 %, year-on-year1992: 119 %, year-on-year1993: 18.3 %, year-on-year1994: 50.7 %, year-on-year1995: -15.7 %, year-on-year1996: 57.9 %, year-on-year1997: 6.2 %, year-on-year1998: 26.5 %, year-on-year1999: 42.8 %, year-on-year2000: 26.2 %, year-on-year2001: 21.2 %, year-on-year2002: 11.6 %, year-on-year2003: -37 %, year-on-year2004: 45.2 %, year-on-year2005: 12.9 %, year-on-year2006: 9.7 %, year-on-year2007: -11.2 %, year-on-year2008: 2.7 %, year-on-year2009: 10.7 %, year-on-year2010: 6.5 %, year-on-year2011: 26.6 %, year-on-year2012: 6.2 %, year-on-year2013: -8.3 %, year-on-year2014: 8.1 %, year-on-year2015: 13.2 %, year-on-year2016: 11.1 %, year-on-year2017: 5.6 %, year-on-year2018: 6.8 %, year-on-year2019: -7.9 %, year-on-year2020: 31.3 %, year-on-year2021: 21.5 %, year-on-year

Source: Bloomberg. Measured in %, year-on-year.

Analysis

In 2021, stock market return in India stood at 21.5%.

That represents a change of down 31.2% on the previous year and down 19.3% over ten years.

Over the whole period, stock market return in India peaked at 119.0% in 1992 and was at its lowest, -37.0%, in 2003.

That places India 40th out of 86 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Stock market return (%, year-on-year) in India, year by year

Annual values for Stock market return (%, year-on-year) in India, 1984 to 2021.
Year %, year-on-year Change
1984 30.5% —
1985 9.6% -68.4%
1986 13.3% +38.3%
1987 95.0% +613.1%
1988 5.3% -94.4%
1989 -4.5% -183.8%
1990 41.4% -1025.6%
1991 39.2% -5.4%
1992 119.0% +203.8%
1993 18.3% -84.6%
1994 50.7% +176.6%
1995 -15.7% -131.0%
1996 57.9% -469.1%
1997 6.2% -89.2%
1998 26.5% +324.7%
1999 42.8% +61.8%
2000 26.2% -38.7%
2001 21.2% -19.2%
2002 11.6% -45.2%
2003 -37.0% -418.4%
2004 45.2% -222.1%
2005 12.9% -71.4%
2006 9.7% -24.6%
2007 -11.2% -214.8%
2008 2.7% -124.5%
2009 10.7% +290.0%
2010 6.5% -39.0%
2011 26.6% +309.3%
2012 6.2% -76.6%
2013 -8.3% -233.6%
2014 8.1% -197.3%
2015 13.2% +62.8%
2016 11.1% -16.0%
2017 5.6% -49.9%
2018 6.8% +21.5%
2019 -7.9% -217.6%
2020 31.3% -493.8%
2021 21.5% -31.2%

India compared with similar countries

  • India's 21.5% is above the median for lower middle income countries, which is 18.4%, 1.2× the median. (13 countries reporting)

Biggest year-on-year movements

Years where Stock market return (%, year-on-year) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1990 +1025.6% -4.5% 41.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 24.9% -4.5% 95.0% 6
1990s 38.6% -15.7% 119.0% 10
2000s 9.2% -37.0% 45.2% 10
2010s 6.8% -8.3% 26.6% 10
2020s 26.4% 21.5% 31.3% 2

Countries ranked near India

  1. 37 Canada 23.7% compare
  2. 38 Germany 23.7% compare
  3. 39 Japan 22.2% compare
  4. 41 Portugal 21.5% compare
  5. 42 Poland 21.3% compare
  6. 43 Australia 19.3% compare

See the full ranking of 86 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is stock market return in India?
Stock market return in India was 21.5% in 2021, according to Bloomberg.
What is the highest stock market return recorded in India?
The highest recorded value was 119.0% in 1992.
What is the lowest stock market return recorded in India?
The lowest recorded value was -37.0% in 2003.
How does India rank for stock market return?
India ranks 40th out of 86 countries with data for 2021.
Is stock market return rising or falling in India?
Over the last ten years it is down 19.3%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Bloomberg, published as part of Stock market return (%, year-on-year). Statizoid updates them automatically from the source API.

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Stock market return in India. Statizoid, drawing on Bloomberg. Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/stock-market-return-percent-year-on-year/india/

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About this data

Indicator
Stock market return (%, year-on-year)
Unit
%, year-on-year
Source
Bloomberg
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,319 data points, 1984–2021
Last refreshed

Stock market return is the growth rate of annual average stock market index. Annual average stock market index is constructed by taking the average of the daily stock market indexes available at Bloomberg.