On a Global landscape, calling 2022 a tumultuous year doesn’t really address the cross-asset pandemonium that we saw. Putting things in perspective, total returns from the most important financial assets, US stocks and bonds have had worst year since 1872. Clearly, Indian financial assets bucked this trend as the macro situation remained healthy (on buoyant domestic economy that partly off stetted global headwinds of Inflation and rate hikes be central banks).