The reality is that in CY23 till date our market has rallied just ~6% while the other major indices have delivered far superior returns [Nasdaq 31%, Japan 27%, Taiwan 20%, S. Korea 18%, Germany 16%, US 16%, France 14%].
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following