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NIFTY had strong growth in 2023 compared to the previous year. Global markets recovered, with the NASDAQ and S&P 500 showing significant increases. Despite challenges, Indian markets and sectors like real estate, PSE, and Autos performed well. The BSE SME IPO index delivered outstanding returns. The US showed growth, while the Euro zone experienced recession and China faced real estate worries. ....
However, while benchmarking is a useful and widely used tool in the industry, from an investors perspective, it must not be taken as the only way to measure your financial success. In fact, relying too much on external benchmarks can be misleading, distracting, and even harmful to your financial well-being. ....
Over the past decade, India has witnessed a remarkable transformation, particularly in the aftermath of the COVID pandemic. Notably, the nation has surged into the top five global economies from thirteenth in the year 2000. ....