The Sensex is on a historic nine-year hot streak, the longest ever.
Compare that to the MSCI Emerging Markets Index, which can’t string together two good years without falling apart like your cousin’s New Year’s resolutions.
No wonder India is looked at as the star of the category, and potentially even deserving its own dedicated allocation, just like China. Without the EM label.
But as the old saying goes: all good things come to an end. At some point, Indian investors will be holding the bag.
The question isn’t if, but what triggers the fall — a global downturn or cracks in the local economy?
Read more: Going public, going wild: India’s 2024 IPO circus went off!
Whatever lights the fuse, one thing’s for sure: Those who diversified will be the ones sleeping soundly when the music stops.
For now, India’s on fire. But every streak eventually ends. The question is, when?
Edited by Ankush Chibber. If you have any tips, ideas or feedback, please get in touch: talk-to-us@moniify.com
