Stock markets are in turmoil, but the National Stock Exchange (NSE) is minting money for its investors. According to the 2024 Burgundy Private Hurun India 500 list, NSE’s valuation has skyrocketed 201% to reach ₹4.7 lakh crore in 2024, making it India’s most valuable unlisted company. NSE overtook Serum Institute of India to reach the top. In the list of listed companies, Reliance Industries remains on the top with TCS at #2. India’s top 500 companies are now valued at ₹324 lakh crore, surpassing even the country’s GDP. Start-ups like Zepto, Oyo, and Zerodha are booming despite broader market struggles.