The post-Covid world had just begun to return to normalcy when it slammed into inflation and recession. Massive lay-offs at MNCs further shrouded the future in more uncertainty. However, in the midst of all this, Indian indices Sensex and Nifty are making new highs in November 2022. This has left investors confused.
How is the Indian market defying all the global risks?
The reality is that stock market sees what many don’t and this astounds investors. Investors focus on the media chatter while markets focus on expected future outcomes. Going by markets’ future-focussed thinking, CY22 has been a year of many corrections. And, corrections are always positive for the future… isn’t it?