Its Rainbow Time, Finally!
The equity fever amongst investors in India is near its all-time high and trust me it’s contagious – the equity culture. Go to any town or any city and it is difficult to miss equity discussion with the BSE Sensex managing to close at all-time high levels on a closing basis. The previous all-time high closing for BSE Sensex was 61,758.63. This to my mind is the biggest moment of 2022 for equity investors because we all have endured huge bouts of volatility over the past so many months. It is indeed a moment to cherish. BSE Sensex is up by more than 6 per cent this year as compared to the loss of more than 20 percent in the MSCI Emerging Markets index.