Indian equity to outperform other asset classes in 2015: Experts

NEW DELHI, Jan 1 (Economic Times): The Indian market -- which ended 2014 on a bullish note, going up by over 30 per cent -- is well on its way for another bull run, and will outperform other asset classes in the year 2015, say experts. Benchmark indices posted their best gains since 2009 during the year.

The 50-share Nifty index closed 31 per cent higher, while the S&P BSE Sensex rose 30 per cent in the year 2014. In dollar terms, the 50-share Nifty index was the second best performer in Asia after Shanghai, according to Thomson Reuters data.

For the coming year as well, analysts are hopeful of a strong 2015 for the equity markets, which is likely to outperform other asset classes. Retail investors who are looking to invest in equity markets should enter on corrections, say experts.

For 2014, the Sensex outperformed with annual return of 30 per cent, whereas FD rates were 9 per cent and gold gave negative returns. There are typically five asset classes to choose from for retail investors, namely, equities, gold, fixed income, currency and commodities.

"Equities are much more likely to outperform other asset classes in the year 2015.