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
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