Nifty has delivered a 12.5% compounded return over three years, but midcap index returns have doubled. Investors should moderate return expectations to around 10% for 2025 due to slowing investment cycles and domestic equity flows, with anticipated slower economic growth and higher equity supply.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.