Updated : Oct 26, 2024 The Indian stock market has posted remarkable gains through Samvat 2080, with both the Nifty 50 and BSE Sensex climbing by around 25%—a standout achievement amid global economic headwinds, rising geopolitical strains, and high interest rates. Broader indices were buoyant as well, with the Nifty Midcap and Smallcap indices up 47% and 46%, respectively. IPO activity was also robust, with the BSE IPO Index up 46%, while the BSE SME IPO Index surged an impressive 162%. Key sectors showed remarkable resilience, with the BSE Auto and Capital Goods indices each up 52%, Healthcare gaining 58%, Infrastructure rising 74%, Power up 85%, PSU advancing 65%, and Realty showing a 71% increase. This Diwali 2024, investment experts Maneesh Dangi, CEO & Founder of Mosaic Asset Management, Mihir Vora, Chief Investment Officer at TRUST Mutual Fund, and market analyst Nischal Maheshwari share their insights on Samvat 2080’s lessons and offer strategic perspectives for navigating Samvat 2081. Don’t miss this exclusive Diwali Wealth Blueprint, where they reveal their top strategies for finding winning opportunities in the upcoming year.
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