Reported 3 days ago
At the start of 2025, Indian stocks have eclipsed their major Asian counterparts, with the NSE Nifty 50 Index rising 1.9% and the S&P BSE Sensex Index up 1.8%. This surge comes despite a 0.3% decline in the MSCI Asia Pacific index, primarily driven by weak economic indicators from China. Key contributors to the rally included major technology and automotive firms, amidst high short positions from foreign investors. While the Nifty index had a modest return of 9% in 2024, concerns regarding economic slowdowns and valuation remain for the outlook ahead.
Source: YAHOO