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.”