In 2023, the Indian markets weathered a stormy ride, grappling with global headwinds such as higher US bond yields and the Hindenburg report on Adani. The specter of a Middle East war added to the uncertainty. Despite these hurdles, the Sensex soared past 70,000, and the Nifty crossed an impressive 21,000, showcasing the resilience and strength of the Indian markets, which defied expectations to reach record highs.