In 2023, the Indian stock market, represented by the Nifty 50 index, has emerged as a standout performer. Outpacing its U.S. counterpart, the S&P 500, by a significant margin, the Nifty 50 has captured the attention of global investors. Several factors converge to explain this impressive performance, with geopolitical tensions playing a pivotal role.
The Great...
As the US Inflation numbers came soft, all doubts about Fed hiking rates in December were gone. That led to all currencies strengthening against the $. US Yields colled off, Dollar Index came down and US Equities soared.
Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty...