Indian equity indices are currently on a bull run and analysts believe that India is a long-term story. The indices have remained resilient despite various announcements coming in on taxation in the budget and SEBI’s effort to reduce the speculative trading in the derivatives segment.In the last 2 months, Nifty has rallied by 1,000 points from 23k mark to 24k in a span of just 17 trading days while the second rally from 24k to 25k was achieved in 24 trading sessions.Online investment platform FundsIndia collated the CAGRs of Nifty along with other indices wherein the former has outperformed the latter in a span of 20 years. Here is the list:
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