Team Blitz India
NEW DELHI: The Dalal Street benchmark Sensex, claimed the leading position in 2023 among its peers in the Asia-Pacific region, highlighted Geojit Financial Services. The Sensex, with a remarkable one-year return of 18.7 percent, experienced its best performance since 2021 and ranked as the 15th top-performing index among the 45 gauges assessed, it said.
A report titled World Equity Indices Screener – Around the World in 5 Minutes for the year 2023 by the brokerage revealed that key indices in 11 out of 45 countries concluded the year near multi-year highs or at all-time highs.
“This signifies the resilience, investor confidence, and strength of the Indian equity market compared to other major indices in the region,” the Geojit Financial Services paper went on to add.
Overall, the brokerage report observed that global capital makets demonstrated robust performance, achieving an average return of 20.1 percent, marking the highest annual return in over seven years. This occurred against a backdrop of persistent challenges, including escalating geopolitical tensions and uncertainty surrounding key policy decisions by the world’s leading developed economy.
