This performance marks one of the best years for the index since the post-Covid surge in Samvat 2077, when it soared by 38 per cent.
These gains reflect investor confidence and the market's ability to recover from fluctuations, showcasing the overall strength of bluechip stocks in the current economic landscape.
This year's rally in the Nifty 50 follows a period of modest returns in the previous two Samvat years, with gains of 10.5 per cent and 9.4 per cent in Samvat 2079 and 2078, respectively.
The robust performance in Samvat 2080 has been broad-based, with the Nifty Midcap 100 and Nifty Smallcap 100 indices each gaining over 37 per cent.
Nifty ended Thursday's session at 24,205, a decline of 136 points.
Meanwhile, the BSE Sensex tumbled 553 points, or 0.69 per cent, to settle at 79,389.06.
While India's equity markets have shown solid performance, they ranked in the middle compared to global peers, with the US markets (S&P 500 and Nasdaq), Germany's DAX, and Taiwan leading the pack.
Diese Geschichte stammt aus der November 01, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 01, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Trim exposure if it exceeds 20%, avoid complete exit
Smallcap funds have declined 21.6 per cent over the past three months.
Power planning
Proactive management should avert shortages
Brics+ Unit: Is it a bridge too far?
With global economic shifts underway, India should keep its options open on emerging alternatives to the dollar
Will Invest $60-$65 Billion on AI in 2025
Coming back to the subject of age-related content, countries across the world have become more conservative as far as the use of social media by teenagers and users below the age of 18 is concerned.
Infra status to hotels will drive growth: Marriott CEO
Marriott's bullish outlook follows strong performance in South Asia, where revenue per available room (RevPAR) grew by 11 per cent last year, driven by higher average daily rates (ADR) and occupancy.
I-T Bill may lead to increased tax burden on LLPs
The Income-Tax (I-T) Bill, 2025, has broadened the scope of the alternative minimum tax (AMT) applicable to taxpayers other than companies, potentially increasing the tax burden on partnership firms and limited liability partnerships (LLPs) with long-term capital gains (LTCG).
Employees' Salaries Grew at 11% CAGR in 10 Yrs: FM
Sitharaman says factors of production being reset after pandemic
Europe: The view from the periphery
Rakesh Batabyal has published his book at the right moment, when the European and global order created after the fall of the outer Soviet Empire in 1989 and of the Soviet Union in 1991 has broken down.
How BYD's 5-min charging stacks up against competition
BYD Co unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.
Supply chain issues likely to hit aircraft deliveries for 4-5 years: Air India CEO
Aircraft supply to airlines will remain constrained during the next four to five years due to the supply chain issues being faced by plane makers Airbus and Boeing and there is not much that carriers can do beyond optimising their flight network expansion, Air India CEO and MD Campbell Wilson said on Tuesday.
