The Indian stock market outperformed the world's richest investor Warren Buffett's company Berkshire Hathaway in terms of return in the last 25 years, an AMC company report said.
Helios, an India focused Singapore-based asset management company, said in a report that the Nifty 500 index has given 12.56 per cent annual return as compared to 9.52 per cent by Berkshire Hathaway and that, too, in US Dollar terms between July 31, 1999 to July 31, 2024.
The report further said, "During this period, India also had to face many challenges, which included the US sanctions imposed on India after the May 1998 nuclear bomb test and the Kargil war in 1999. The Indian markets also showed resilience during the coalition governments."
In 2004, due to the sudden change of government, the market fell by 17 per cent and during the Global Financial Crisis of 2008, a sharp decline was also seen in the market.
Between 2011 and 2015, the market also faced challenges due to corruption and drought.
The market has been able to successfully ride out these shocks and deliver positive returns to investors.
The report also added that despite many challenges and volatility, India has proved that it is a long-term outperformer.
The performance of the Indian stock market has also been quite good in the current year.
Since the beginning of 2024 till now (August 20), Sensex and Nifty surged 11.66 per cent and 13.60 per cent respectively.
There are many reasons for the sharp rise in the Indian stock market, experts said, "a high growth rate, stable government, reduction in inflation, financial discipline by the government."
India's GDP growth rate was 8.2 per cent in FY 2023-24. It is expected to grow at the rate of 7.2 per cent in the current financial year.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Girl Gang-Raped In Bus At Dehradun Bus Stand, 5 Arrested: Cops
"Obvious Move": Elon Musk Invites Warren Buffett To Invest In Tesla As Sales Fall Warren Buffett Birthday: Seven Lesser-Known Facts About The Ace Investor Warren Buffetts Berkshire Hathaway Posts Investment Loss Of $44 Billion PM Modi Arrives In Warsaw, 1st Visit By Indian Prime Minister In 45 Years Diary Found Near Kolkata Doctor's Body Had Gold Medal, Top Hospitals' Dream The Rise Of Sandip Ghosh, And How Doctor Rape-Murder Put Him Under Scanner "Selling Of Dead Bodies...": Big Claim Against Ex-RG Kar Hospital Head NASA Spots Mysterious Object Moving In Space At 1 Million Miles Per Hour 16-Year-Old Girl Kidnapped, Raped By 2 Men In Car On UP Highway Track Latest News Live on NDTV.com and get news updates from India and around the world.