Global markets saw a tech-driven rally, with ‘Magnificent 7’ outperforming significantly. Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains.
Despite growth concerns in China, Hang Seng and Shanghai indices outperformed NIFTY 50 Index demonstrating mean reversion
One response to “Global Indices Calendar Year Returns”
[…] Overall, the Sensex concluded the year with an 8.17% annual gain, marking the ninth consecutive year of positive returns. This sustained momentum underscores the robustness and resilience of the Indian equity markets. […]