Two years on, Indian equities remain stuck in a grind

Two years on, Indian equities remain stuck in a grind

Since September 2024, Indian equities have experienced a challenging market phase with mixed returns. The Nifty and Sensex have seen significant declines, while small and mid-cap stocks have performed relatively well. Despite the difficulties, some valuation froth has been removed from the market, presenting potential buying opportunities. Global investors are showing interest but lack concrete triggers for substantial investment.