failed to meet the expectations of the investor community after delivering a high rate of GDP growth in some quarters. “India’s GDP growth rate has seen a significant slowdown. Investment has been challenging as equity markets net-net have not given any returns. At the same time, this difficult period has been a learning experience for us,” said Dr Nirakar Pradhan, chief investment officer, Future Generali India Life Insurance.
Markets have seen a highly volatile trajectory over the last five years. In 2008, Sensex dived from 20,286 to the year’s low of 8,451 within 11 months in the aftermath of the global financial crisis. Since touching this low, the BSE barometer has managed to gain about 112%.