 "rotation")
After a roller-coaster year, the markets have ended up where they began. The benchmark Nifty 50 closed July at 24,768 — 183 points, or 0.73 per cent, below its July 2024 close of 24,951.
Over the past 12 months, the advance/decline ratio for BSE-listed companies has been evenly split — six months of gains, six of losses. This fine balance between advancing and declining stocks underscores the difficulty investors have faced in locking in consistent returns.
As a result, for many who entered the market through direct stocks or mutual funds, the outcome has been underwhelming.
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