Samvat 2081: Corporate earnings to be key driver
In Samvat 2080, Indian equities reached historic highs, with benchmark indices setting records on September 26 and the country’s market capitalisation surpassing $5 trillion, making it the fourth largest globally. Demat accounts grew to 175 million by September 2024. Since last Diwali, the Nifty has rallied 25%, while the midcap and smallcap indices surged 37%…