East or West, Nifty is the best. The kind of returns the Nifty has given in last couple of weeks since the 50 bps cut by the US Fed, fully justifies this. The ongoing bullish phase in the Indian equity markets is perhaps the best ever in the world wherein the Sensex and Nifty have been consistently conquering milestones. The next psychological level of 18K is just around the corner for BSE Sensitive Index.

It took just six trading days for the Sensex to cover the 1000 point journey and cross 17K levels from 16K. Continuing this rally, BSE Sensex, took just three days to near 17,900 levels and the next milestone is very much in striking distance. Same momentum has also been witnessed in Nifty which took only 253 days, which is the fastest in the history of NSE, to cover the 1000 point journey from 4K to 5K. 

The India markets have been giving good returns for long and in the last 10 trading days it has attracted over 5 billion US dollar FIIs inflow which has made it extremely buoyant. A study of few top performing global markets done by moneycontrol.com tells that Nifty has given maximum return of 15.89% since 17^th of October when US Fed had cut the interest rates by 50 bps. Sensex is just next to Nifty with 14.66% followed by Jakarta Composite, Hang Seng and Straits Times. The table given below shows the returns of the markets.