The extent of India's underperformance is such that it's also lagged its neighbour Pakistan, whose stock market has not only given high double-digit returns but also remains one of the top-performing global markets ....
In the domestic spot market, gold prices have rallied a whopping 80% in a year. Its poorer cousin silver has rather outshone the yellow metal with a massive 150% surge. Against such a performance, Sensex's near 9% gain seems minuscule ....
The Sensex dropped 116 points, or 0.14%, to close at 85,408.70, while the Nifty 50 settled at 26,142.10, down 35 points, or 0.13%. The BSE Midcap index fell 0.37%, while the Smallcap index ended 0.14% lower ....
Indian stocks edged higher on Wednesday, with the Sensex and Nifty steadying after a flat close. StrongerU.S. economic growth data boosted risk appetite, though foreign fund outflows and thin year-end trading volumes tempered the optimism ... .