‘Indian stock market outperformedWarren Buffett’s co in last 25 years’

22 Aug 2024 11:17:23

Warren Buffett
 
 
MUMBAI :
 
INDIAN stock market outperformed the world’s richest investor Warren Buffett’s company Berkshire Hathaway in terms of return in the last 25 years, an AMC company report said. Helios, an India focused Singapore-based asset management company, said in a report that the Nifty 500 index has given 12.56 per cent annual return as compared to 9.52 per cent by Berkshire Hathaway and that, too, in US Dollar terms between July 31, 1999 to July 31, 2024.
 
Thereport furthersaid,“During this period,India also had to face many challenges, which included the US sanctions imposed on India after the May 1998 nuclear bomb test and the Kargil war in 1999. The Indian markets also showed resilience during the coalition Governments.”
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