Reliance-Disney Deal Grabs Attention while Markets Froth

The relationship between leap years and the Indian stock markets has historically been intriguing, marked by notable crashes and market turbulence during such years. Instances of significant downturns were observed in 1992, 2000, 2008, and notably during the pandemic-induced lows of 2020. As we approach the end of February 2024, concerns over market stability have once again surfaced, with the NSE benchmark Nifty 50 index registering its biggest point and percentage loss in 25 sessions on February 28, adding to the narrative of a potentially challenging leap year for investors.