India vs other global markets: How bad has 2023 been for Nifty so far?

So far in 2023, Indian equity indices Nifty and Sensex have declined 2% and 1.3%, respectively as FIIs have sold stocks worth over Rs 19,000 crore this year. Meanwhile, major global markets have risen up to 17% year-to-date. According to IIFL Securities data, USA, UK, China, and Japan equity markets outperformed the Indian equity market in 2023. Here is a list of global market returns in 2023.

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