Nifty 50 up just 2% in last 2 years. Could a bull run be next amid falling oil prices, easing geopolitical risks?
New Delhi, June 25 -- The Indian stock market has disappointed investors lately. Despite hitting a record high of 26,373.20 on 5 January this year, the benchmark Nifty 50 has delivered a meagre return of just 2% over the last two years. On a shorter timeframe of one year, Nifty has fallen 4%.
Now, when geopolitical risks have eased, oil prices have crashed below $75 per barrel, and economic growth is projected to stay above 6.5%, is the Indian stock market could a bull run be next for the Indian stock market?
The current macroeconomic setup in the Indian economy looks strong as crude oil prices have fallen more than 30%, easing inflationary pressure and enhancing economic growth outlook.
Oil price benchmark Brent Crude is currently tra...
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