Looking Back at 2024

Key Highlights

As we step into 2025, let’s reflect on the trends and milestones that shaped the markets last year:

10-Year G-Sec Yields: Declined by 42 bps, driven by fiscal deficit control, FPI inflows, and speculation around monetary easing.

Volatile Liquidity: India’s banking system faced fluctuations due to seasonal tax flows, government spending, and global economic factors.

CPI Inflation: Averaged 5% (Jan–Nov), hitting a 59-month low in July before rising towards the year-end.

Forex Reserves: Reached a record $704.89 billion before declining to $644.39 billion by December.

Indian Rupee Hits Record Low: Depreciated by 3%, pressured by a strong US Dollar and widening trade deficits.

Gold’s Rise: Outperformed all major asset classes, reaching ₹79,362/10g, with projections to soar further in 2025.

Global Market Trends: Slowing growth in emerging economies like India and China. Nasdaq surged 28.6%, while the FTSE 100 lagged at 5.69%.

Monetary Policy Expectations for 2025: Central banks globally are expected to adopt a cautious approach, with the RBI and others likely to ease rates in response to evolving economic conditions.

Best Performing Mutual Fund schemes of 2024: Let’s look into top-performing mutual fund schemes across categories in the report attached

For the full report and detailed insights, click on the link below: