2023 might go down as one of the most unusual ever in financial markets - mainly because everything seems to have come good despite a lot of turbulence and many predictions turning out to be wrong.
Bitcoin soared 155% while Nasdaq surged 43%. Even in Japan, the Nikkei has jumped 28%.
Across developed and emerging economies, stocks have powered ahead in 2023 as inflation has regressed, even with wars raging in hotspots around the world.
India has been a standout market this year in the Asia-Pacific region. Increased liquidity, more domestic participation and improving dynamics in the global macro environment in the form of falling U.S. Treasury yields have all boosted the country’s stock markets.
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