The MSCI World index has recorded 16.2% year to date return which is the best since 2009. Indian equities added $0.6 trillion of the market capitalization since the beginning of March 2023 while the world’s market capitalization expanded by $8.9 trillion. It means India contributed about 7.2% to the incremental global market capitalization while its share in the world’s total market cap was 3.4%.
Macro indicators, retail participation aligning for a multi-decade bull run: Madhu Kela
Market veteran Madhu Kela advises investors to focus on bottom-up ideas and segregate research from execution. He is bullish on India’s long-term prospects, citing favorable