The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then
In the past decade, the benchmark indices gave annual returns of 16 per cent
Most of the time since 2009, gains in the S&P 500 have surpassed gains in GDP and worker pay by gaping margins
The firm added Qatar National Bank QPSC, the Gulf state's biggest lender, to its core portfolio earlier this month, citing an attractive valuation and the lender's strong government links
In 10 years, the composition of the market has undergone a sea change
If good sentiment erodes, market can see correction as fundamentals can't justify current valuations
Monday's closing was the highest since August 19 last year when it ended at 27,931.64