Legendary American investor Peter Lynch popularised the concept of tenbaggers, helping investors find stocks that could deliver more than 1,000% returns in the long run. While his search was mostly limited to Wall Street, Indian investors may not have to search far from home.
The Indian stock market has seen sharp upswings and downswings over the past five years, including a record bull run followed by a sharp consolidation. Benchmark index Nifty 50 has overall delivered 46% returns over five years, while Sensex gained 38%. Over the past one year, Dalal Street has seen strong downturns amid AI worries, rising oil prices and Middle East tensions, along with other factors.
