Posted 1/28/2024, 10:00:37 AM
Indian Equities Outperform in 2023; Cautious Optimism for Next 3-5 Years Amid Global Headwinds
- Indian equities were the best performers in 2023, with mid and small caps rallying over 35%
- Fixed income also performed better compared to previous years
- Global economies face headwinds impacting growth, but India remained fastest growing major economy
- Cautiously optimistic equity outlook from 3-5 year perspective due to falling interest rates
- Positive on unlisted space due to recent corrections presenting buying opportunities