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Stock Market Update: U.S. Leads in Returns for 2024, While India Lags Behind

The Indian stock market also showed solid growth, but its pace was slower compared to the U.S. and other major markets. The S&P BSE Sensex recorded a return of 8.9%, and the Nifty 50 was close behind with nearly 9%. While this performance was satisfactory for domestic investors, it paled in comparison to the rapid gains seen in the U.S. and Asian markets.

In Asia, Japan’s Nikkei 225 Index indicated strong economic recovery with a 20.4% increase. Similarly, Hong Kong’s Hang Seng Index climbed by 17.9%, showing a rebound from last year’s decline. In contrast, European markets recorded modest growth, with the Euro Stoxx 50 rising by 6.5% and the UK’s FTSE 100 increasing by 5.4%.

Jeet

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