The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
While the year was marred by the Covid-19 pandemic, lockdowns, and negative GDP, the equity benchmark indices, however, saw record highs. Will the trend continue in 2021 too?
Here’s how the key indices moved in a year marred by a slowing economy, rising crude oil prices, and trade tensions between the U.S.and China. But FPI flows were a bright spot.
