Adani Group: World’s Best Indian Stock Market 2022, Courtesy of “Ekmebadvitiyam” Gautam Adani! – india is set to rank among the best performing stock markets in the world this year thanks to adani group details

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

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

In 2022, the Sensex gained around 3%. Both Sensex and Nifty have hit records for investor earnings. Even, the Indian stock market has beaten the English stock market in terms of growth. Conversely, the ‘MSCI All Country World Index’ has fallen by around 20% this year.

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At least 2 of the 7 Adani Group companies have delivered double-digit returns to investors this year. Adani Power Ltd leads in terms of yields. With the increase in the 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 food giant Adani Wilmar Ltd could gain an additional 24% from its current price in the coming days.

Apart from the Adani Group, another factor has also contributed to the rise of Dalal Street. That is, the incredible performance of public sector banks.

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S&P BSE Bankex has gained around 18% this year due to multiple factors including reduced bad debts and increased demand for credit. As many have predicted, the State Bank of India, the country’s largest public bank, has grown by around 25% this year.

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

The stock market chart should also trend lower. In this difficult situation, if the Adani group can be the “savior” of the Indian stock market, it is to be seen now!