It has been a good year for traders and investors in 2022. In spite of circumstances such as high inflation, increasing interest rates, geopolitical unpredictability, covid, currency volatility, and FII selling in 2022, the Indian Share Market outperformed the world market. The Indian stock market is considered to be the year’s shining example as it has maintained and is still outperforming the international markets.
The increase in CAPEX, which revivified the Indian economy from its Covid-led downturn, is the key factor contributing to the Indian Stock Market’s outperformance.
Because of the high level of consumer demand, the GST collection exceeded Rs. 1.4 lakh crore, and since March 2022, the number of e-way bills generated has been above seven crores.
The year 2022 has been marked by a number of difficult occurrences, including inflation, high-interest rates, bizarre corporate valuations, geopolitical uncertainties brought on by the aftermath of the Russia-Ukraine war, challenges in China due to the nation’s zero covid-tolerance policy, and political turmoil with Taiwan. These phenomena have all contributed to tighter economic circumstances and weaker economic activity globally.
For Indian investors, 2023 would be difficult. Several stock currency traders have expressed concerns about a market sell-off following a year of pricing and time consolidation if a recession is possible and the proxy conflict between the United States and Russia over Russia’s invasion of Ukraine persists. Both of these occurrences shook the world’s financial markets in 2022 and will undoubtedly have an effect on market players in 2023.
In 2023, consumer confidence will increase, and the Indian stock market will perform admirably in important sectors like banking, cars, real estate, and firm stocks with solid fundamentals