Nifty 50 down nearly 7% since September 2024
Indian stock markets have struggled since September 2024, with the Nifty 50 falling nearly 7% from its peak and the Sensex slipping about 5.5% over the past year.
Right now, more than two-thirds of Nifty 500 stocks are trading below where they were a year ago.
Most top-listed stocks lost ground
If you've got money in Indian stocks, you've probably felt the pinch.
A recent Samco Securities study found that most top-listed stocks lost ground since last September—median returns dropped by over 11%.
Even though sectors like defense and financials saw some gains, they couldn't balance out losses caused by foreign investors pulling out and global trade worries.
Alternative assets took off
While stocks lagged, alternative assets took off.
Bitcoin soared by 79%, and gold and silver each jumped more than 51%.
Alternative assets outperformed shares during these uncertain times.