Stock markets all over the place have had an fascinating couple of years, besides India’s wild experience stands out: a tech increase in 2021, an epic bust in 2022 and the short-seller assault on Adani Group, one of many nation’s strongest conglomerates, this 12 months.

But in late 2023, the celebrities have aligned for Indian shares: India’s Nifty index, monitoring the nation’s high 50 firms on the National Stock Exchange, has soared by over a fifth because the finish of March, outperforming the S&P 500 and most different main markets.