![](https://i0.wp.com/contentedreader.com/wp-content/uploads/2023/12/The-Price-Is-Right-for-Indian-Stocks.jpeg?resize=768%2C432&ssl=1)
Stock markets everywhere have had an interesting couple of years, but even so India’s wild ride stands out: a tech boom in 2021, an epic bust in 2022 and the short-seller attack on Adani Group, one of the country’s most powerful conglomerates, this year.
But in late 2023, the stars have aligned for Indian shares: India’s Nifty index, tracking the country’s top 50 companies on the National Stock Exchange, has soared by over a fifth since the end of March, outperforming the S&P 500 and most other major markets.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8