Indian stock markets have given the best returns in 2017 - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Saturday, October 14, 2017

Indian stock markets have given the best returns in 2017

 Among all major indices, the Indian stock markets have given the best returns in 2017..



While shares like D-mart have run up, the overall Indian share market has not done badly either. 
In fact, among all major indices, the Indian stock markets have given the best returns in 2017.


This, despite two major disruptions faced in recent years by the Indian economy. That of Note bandi and Goods & Services Tax (GST). Notebandi hit small businesses and brought the whole unorganised segment to a standstill. 
Experts predicted the Notebandi impact to linger on for one or two quarters.
Then came GST. Uncertainty related to GST implementation led to a slowdown across sectors. This was visible in the subdued first quarter numbers reported by most companies.
The net effect was seen on GDP numbers. Its growth dropped to a three-year low of 5.7% in the June quarter of 2017.
Still, markets haven't budged. In fact, Sensex has been making new highs every day. Back in March 2016, we had predicted Sensex to touch 40,000 within a 3 to 4 year timeframe. At this pace, 
it seems like Sensex might get there sooner rather than later. Which may not necessarily be a good thing. The current run seems to extrapolate all good news into the future and expects the ride to be smooth and consistent. But, history has shown that markets rarely work that way.
In such an environment, it makes sense for investors to be selective while buying stocks. Focus on value and the underlying fundamentals of the business. Then, they need not worry about the market.
Indian stock markets have given the best returns in 2017 Reviewed by S. Chitra on October 14, 2017 Rating: 5   Among all major indices, the Indian stock markets have given the best returns in 2017.. While shares like D-mart have run up, the...

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