Indian markets are literally on the top of the world, going by their returns so far in 2009. Propelled by the prospect of a stable government at the Centre and a new push to reforms, the Indian indices scaled the circuit breaker twice to make India the best performing equity market in the world, on year-to-date returns. While the Sensex has returned a stellar 48 percent since January 01 ( all returns in dollar terms for comparability), NSE’s Nifty followed close on its heels with its 46 percent gain. These returns surpass that of even BRIC’s which have been the frontrunners in the global market rally. Catching up with BRIC the post-poll surge in Indian markets, defying global trends, has put it ahead of other fast moving BRIC markets.