December 25, 2023Business Desk

2023 Santa Claus rally to continue

Market participants are expecting the continuation of the Santa Claus Rally, which has proven rewarding for investors

Source: Republic

Sensex and Nifty have generously rewarded investors, with the Sensex surging 18.2% and the Nifty 50 index scaled new record high with a surge of 19.26%

Source: Republic

Foreign institutional investors have injected Rs 1,62,285 crore into the market this year, marking it as the best year for foreign flows since 2020

Source: Unsplash

The resilience of the Indian market is further exemplified by a record-breaking 110 initial public offerings (IPOs) in 2023

Source: Unsplash