Stock markets maintain winning streak for seventh consecutive year

Outperform most global peers even as returns moderate to just over 4% in 2022

India’s benchmark indices were surprisingly resilient in 2022 — a year that witnessed high inflation, rising interest rates, sporadic Covid outbreaks, and a bloody war in Europe.

The Sensex and the Nifty50 ended the year with gains of 4.4 and 4.3 per cent, respectively – the first single-digit returns in four years. However, even these meagre returns were enough to make India one of the best-performing markets in the world, as most of its peers were deep in the red.

2022 is the seventh consecutive year of the benchmark indices posting gains. This is also the second time the Sensex has logged