The Indian equity markets have also been outperformers compared to most of the key global markets even if the returns were considered for a longer period of up to five years. Key Equity Index Performance of countries across the world as of September-2023 showed that 15 out of 45 nations’ equity indices were at or near 5-year highs, as per data analyzed by Sriram BKR, Senior Investment Strategist at Geojit Financial Services. Also Read - https://www.livemint.com/market/stock-market-news/multibagger-ipo-sme-stock-ifl-enterprises-turns-rs-1-20-lakh-to-rs-21-93-lakh-in-six-years-do-you-own-11696843928629.htmlMeanwhile in the month of September India’s Sensex returns though were impacted by extreme volatility and sell off seen in the global markets. Also Read- https://www.livemint.com/market/market-close-nifty-50-sensex-snap-2-day-winning-run-investors-lose-over-3-lakh-crore-in-a-day-11696844193017.htmlNotably the World average of 45 nation’s equity indices stayed negative by 1.8% in September’2023. 10 out of 45 nations’ widely tracked equity indices (22% of the universe) had gains during the month by an average of 2.3% & 78% nations’ indices dropped by an average of 3.0%.

Source: Mint October 09, 2023 15:06 UTC