From Sensex To Nasdaq: How World¡¯s 10 Biggest Stock Markets Performed In 2023

In a year that has witnessed mass layoffs, high inflation, and high interest rates, besides the ongoing geopolitical tensions (the Ukraine-Russia war and the Israel-Hamas war), India¡¯s stock market has surprisingly performed very well. Both Sensex and Nifty have soared to new all-time highs not once or twice but in fact multiple times this year, as recently as last week when Sensex breached the 71000 mark and Nifty50 breached the 21500 mark.

But has that been the case with all major stock markets this year? Well, let's find out. Looking back at 2023, here¡¯s how the world¡¯s biggest stock market indices performed this year.

How World's Biggest Stock Markets Performed In 2023

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1.Nasdaq Composite

Up 44% this year till date

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2.BSE Sensex

Up 16.5% this year till date

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Also Read: Common Stock Market Myths Busted

3.S&P 500

Up 24% this year till date

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4.Dow Jones Industrial Average

Up 12% this year till date

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Also Read: How A Science Genius Lost Millions In The Stock Market

5.Frankfurt Stock Exchange (DAX)

Up 18% this year till date

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6.Nikkei 225

Up 29% this year till date

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Also Read: Explained: Sensex, Nifty & Their Role In India's Stock Market

7.Shanghai Stock Exchange (SSE Composite)

Down 6% this year till date

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8.Euronext 100

Up 11% this year till date

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9.Hong Kong Stock Exchange (Hang Seng)

Down 18% this year till date

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10.London Stock Exchange (FTSE 100)

Up 1% this year till date

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As far as some of the other major stock markets around the world are concerned, the Toronto Stock Exchange (TSX Composite) is up 7% this year till date and NIFTY50 is up 17% this year till, date.

What Were 2023 Predictions For Indian Stock Market?

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Now that we have seen how Sensex and Nifty50 have both jumped around 16% this year till date to float at about 71000 and 21500 marks, respectively, let us look back at what various stock market analysts had predicted for 2023.

Citigroup had set a Nifty target of 17,700 by the end of 2023. Goldman Sachs had set a target of 20,500 for the Nifty. Moreover, American investment giant Jefferies has predicted that the Sensex will reach the 1 lakh mark in five years. On the other hand, seasoned stock market investor Vijay Kedia has predicted that the Sensex index should hit 125000 to 150000 by 2030.

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