FY 2024: Year of the investor
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Indian markets saw significant growth in the 2023-24 financial year, with Nifty Midcap and Smallcap stocks delivering impressive returns. New demat accounts, SIP inflows, and young investors contributed to market success. Mutual fund investments in India trended upwards, with assets under management (AUM) by equity mutual funds in Gujarat surpassing Rs 2 lakh crore. Gold prices have soared past the Rs 75,000-mark, with further increases predicted. The Indian equity markets did well in the last fiscal year, with the Nifty Realty index appreciating by around 130%. India saw 76 companies raise about Rs 62,000 crore through mainboard IPOs in FY24. The real estate sector in Ahmedabad and Gujarat has also seen prices rise in the last financial year.

#IndianMarkets #Investors #EquityMarkets #MutualFunds #GoldPrices #Ipos #RealEstate

https://timesofindia.indiatimes.com/city/ahmedabad/fy-2024-year-of-the-investor/articleshow/109309127.cms