The year 2017 has been a cheerful year for the Indian stock markets, despite major upstream events trying to restrain investors. Considering the long-term benefits of the tax reform (GST), realty regulatory framework (RERA), regulatory framework for NPAs of banks, digitisation and 'Smart City' initiatives, the smart investors kept pouring in throughout the year. Rather, the Indian markets outpaced all the emerging markets and also the developed peers like the US and Japan, where the benchmark indices soared as much as 28% during the year.The year 2017 has been a cheerful year for the Indian stock markets, despite major upstream events trying to restrain investors. Considering the long-term benefits of the tax reform (GST), realty regulatory framework (RERA), regulatory framework for NPAs of banks, digitisation and 'Smart City' initiatives, the smart investors kept pouring in throughout the year. Rather, the Indian markets outpaced all the emerging markets and also the developed peers like the US and Japan, where the benchmark indices soared as much as 28% during the year.
To read this flash news article, you must be a subscriber.
