As the financial year 2024 (FY24) draws to a close, it is time to take stock .The Indian stock market had a rather belter of a year. New highs, records, blockbuster listings- you name it and the markets delivered this financial year.
The Nifty50 spiked up an impressive 28.6%, while the Sensex jumped 24.8% in FY24, outperforming most major market indices globally.
Nifty: Record Run
The Nifty, representing the top 50 blue-chip companies across various sectors, hit multiple record highs throughout FY24. Notably, it surpassed the 19,000-point mark in June, and further milestones were hit with the Index breaching 20,000 and 21,000 levels in September and December respectively.
Markets fall on recession fears in US…