Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are among those leading the gains, while Adani Group companies — the heavy hitters of 2022 — are mostly finishing with losses despite a rebound in recent months.
India Business News: Indian equities poised for record year-end winning streak as benchmark Sensex Index heads for eighth year of gains. Global funds buying local shares s
Indian equities are set to end the year with a record winning streak, driven by robust economic growth, infrastructure push, and a pause in interest-rate increases
Equities rebounded from this year’s lows touched in March as global funds, disappointed by China’s uneven recovery, increased holdings of Indian stocks to capitalize on one of the fastest growth rates among major world economies.