When investors ringed-in 2019, little did they know that the coming months would see indices hitting their lifetime highs during the first half of calendar year 2019 (H1CY19).
Coming with a baggage of severe liquidity crisis triggered by default at Infrastructure Leasing and Financial Services (IL&FS), domestic markets changed course every other month. Geopolitical tensions between India and Pakistan, return of the National Democratic Alliance (NDA) government for the second consecutive term amid weakening economy and renewed trade tensions between the two major world economies, the United States and China, were some of the other the defining moments for markets.