G20 deliberations will significantly impact Indian stock markets and industry

The two-day G20 summit that starts in New Delhi on Saturday is set to give another opportunity for the country’s stock markets, which has already crossed 66,000, to scale new heights.

The 18th meeting of G20, being hosted at Bharat Mandapam International Exhibition-Convention Centre, Pragati Maidan, is the first G20 summit outside South Asia

Being led by financial leaders from the world’s 20 strong economies, the aim of the summit is to discuss trade, health, and climate-related issues around the globe.

When the minds behind the most successful economies come together, something great is bound to happen. Hence, great investment and trade opportunities are likely in the host nation.

In the past few years, India’s economy has seen a massive growth. With the global economic events being held here, the trust of people and businesses in the Indian capital market will grow.

Bizz Buzz interacted with various stakeholders to know their views on the subject.

Sooraj Singh Gurjar, founder and MD, Get Together Finance (GTF), says, “The global trade tension has risen in the past few years due to various factors. But, with India being the host, new FDI policies could be framed. This will directly impact the country’s economy, which will help in the growth of the stock market.”

The summit will promote more open and inclusive trading; businesses will get a major boost and a plethora of new opportunities will arise with fewer trade restrictions, resulting in the development of the businesses and the country. When businesses of the country grow, so do their stock prices, he said.

According to Ravi Singhal, CEO, GCL Broking, “in a recent interview, our External Affairs minister had stated that the G20 will focus on growth and rise in India’s participation. The sectors likely to benefit are infra stocks – LT, export oriented stocks - Infy and TCS, Consumption – Tataconsumer and green energy - Tatapower.”

The presidency provides an excellent opportunity to India for showcasing its economic and technological prowess on a global scale. As the world's fastest-growing major economy, it can lead the G20's efforts to secure global economic growth and prosperity.

S. Swaminathan, CEO, GS1 India, says, “With a renewed focus on supply chain management, India can demonstrate its keen leadership in promoting sustainable economic growth.”

The G20 Summit is a testament to the profound impact that human collaboration can have on the course of history. It's not algorithms or machines but the collective will, wisdom, and compassion of world leaders that shape our global destiny.

Durga Prasad Tripathi, founder of Cryptoxin, says, “We must remember that our actions ripple far beyond this moment and affect billions of lives.”

India now has an opportunity to shape the global agenda on pressing issues such as geopolitical tensions, economic slowdown and climate change. G20 represents 60 per cent of the world's population, over 80 per cent of the world's GDP and 75 per cent of international trade, which makes it a force for securing global economic growth and protecting the environment.

Sushant Kumar, founder and Managing Director of AMO Mobility said, “We believe the G20 summit could be a potent platform for world leaders to discuss policies that may positively impact initiatives on climate change and sustainability.”

Ankit Singh Kimtee, founder and CEO, DiamondXE says, “We endorse a global digital environment that is open, fair, and secure for all. E-commerce, besides being a vital engine of growth and innovation, is also a key enabler of social inclusion. We believe it is crucial to harness the potential of e-commerce, especially to empower rural communities and small businesses.”

The summit could propel a shift from petroleum and other fossil fuels to alternative energy sources, which could also benefit the EV ecosystem. In fact, India is pitching itself as a manufacturing hub for fast electric chargers, EV batteries, and effective battery recycling at the summit.

Maya Sharan Singh, Director, Lares Algotech, said, “As we approach this momentous occasion, we are closely monitoring developments and analyzing potential market trends that may emerge as a result of the summit.” Indian investors must closely monitor G20 deliberations, as decisions made at this global forum can profoundly affect the nation's economic prospects and stock market performance.