The S&P BSE Sensex moved up by 11.5% on a total return basis in the month of November. On the back of this strong rally, it has fully recovered from the March 2020 lows and has turned positive for the year returning 8.3% year-to-date (YTD). The S&P BSE Sensex’s performance was better than developed market indices such as S&P 500, which gave 10.1% returns during the month. It was also better than the MSCI Emerging Market Index which rose by 8.4% (like-to-like currency).
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