Did you know that India's penetration of life and non-life insurance is below the global average?

Before we discuss today’s topic of predicting the movement of the Indian Stock Market using the "IIP" economic indicator, let me introduce you to a small theory of "Harry Markowitz" - the Nobel-winning pioneer of the "Modern Portfolio Theory".

In Chaotic 2021-2022, the market was abuzz with the USA banning China for using forced labor of the Uyghur community, terming it a genocide.

Despite the challenges, 2023 culminated with promising rallies across diverse sectors, buoyed by substantial FPI investments reflecting trust in India's economic stability. The political landscape, especially the BJP's triumph in key states, significantly bolstered investor sentiment.