Adani Group: 2022 World’s Best Indian Stock Market, Courtesy of ‘Ekmebadvitiyam’ Gautam Adani! –

Adani Group: No matter how negative the international stock market is in the current year, the Indian stock market is going to get the status of the best stock market in the world. Whose background hero is Gautam Adani.

In 2022, Adani has not only seen phenomenal growth in terms of personal assets, but also in terms of company profitability, Adani Group has outpaced its peers. Adani Group is also top in terms of return to investors in a year and also in terms of wealth creation.

Incidentally, for the first time this year, Adani has entered the list of the world’s richest people by Forbes. Not only the entry, Adani has also overtaken the country’s richest man, Mukesh Ambani, to become the first in the country.

Which has an impact on the Indian stock market as well. Therefore, experts believe that Dalal Street has overcome the negative influence of the international world.

In 2022, the Sensex gained around 3%. Sensex and Nifty both hit record highs in terms of profit for investors. Even, the Indian stock market has beaten the English stock market in terms of growth. Conversely, the ‘MSCI All Country World Index’ has declined by around 20% this year.

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At least 2 of the 7 companies under the Adani group have delivered double-digit returns to investors this year. Adani Power Ltd is at the top in terms of returns. With the increase in demand for electricity, the graph of this company has also moved upwards.

Adani Enterprises Ltd has gained around 113% since its listing in the Nifty 50 index. Analysts also suggest that foodstuff major Adani Wilmar Ltd could gain another 24% from its current price in the coming days.

Besides the Adani group, another factor also worked behind the rise of Dalal Street. That is, the incredible performance of the public sector banks.

S&P BSE Bankex has gained around 18% this year due to multiple factors including reduction in bad loans, increase in credit demand. As predicted by many, State Bank of India, the country’s largest state-owned bank has grown by around 25% this year.

However, analysts also warn that 2023 is going to be a difficult year. Because, fear of global recession will affect the Indian economy as well.

The graph of the stock market is also likely to turn downward. In that difficult situation, whether the Adani group can be the ‘savior’ of the Indian stock market, that is to be seen now!

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