Indian benchmark indices signed off the years in style after netting a gain of around 27 percent in the year gone by. This kind of return, especially on the back of underperformance in the preceding two years, may not appear to be excessive return.
There were many such occasion in the past since 1980 when the market has continued to deliver in the subsequent year even after clocking 25 percent plus kind of returns.
Hence, this rally may well...
