Sensex rallies as Survey says worst for economy is over.
Indian stock markets last year gave the second highest returns globally, driven largely by higher inflows from FII, as per the Economic Survey 2012-13.
An analysis of major Asian countries’ stock indices show that the Nifty gave the second highest cumulative returns, while the highest returns were given by Germany’s DAX.
Germany’s DAX, posted a cumulative return of 29.1 per cent in the calendar year 2012 over 2011, followed by NSE’s Nifty Index (27.7 per cent) and BSE Sensex (25.7 per cent), respectively.
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