01 Oct 2025 | 3 Mins Read
Reforms & earnings rebound spark market rally hopes
Flipitmoney
India's Nifty is down 3.6% from September 2024 highs, underperforming other major markets. The one-year Nifty return is -3.6%, while S&P 500 returns 15.8%, Euro Stoxx 50 11.6%, Nikkei 20.4%, Hang Seng 38.6%, and Kospi 33.72%. The market crash in March 2020 and subsequent recovery led to stretched valuations, which are now correcting.