The Indian stock market faced a tumultuous 2023, influenced by global and domestic challenges. A sharp decline in foreign investments, surging US Treasury yields, and the Adani-Hindenburg controversy marked the first half.
The US shutdown scare and El-Nino's impact on monsoons added to the turbulence. However, a positive turn came with IT gains following the Federal Reserve's stance, and BJP's electoral victories in key states, sparking a significant market rally.
The year showcased a rollercoaster of events shaping market dynamics, from international financial shifts to domestic political outcomes.