Most stable market

[superbatman]

Today one of my friends told me that Indian market is one of the stable market as per performance analysis for last 10 years. I don't know why he said like that, I need to know more about it from your experience

 

[Trendnomics]

If you want a stable market, then just leave your money in an interest-bearing bank account.

Volatility is what separates the winners and losers.

 

[cynic]

In my opinion, the only stable market is a dead market. Anything less than dead is liable to spring surprises in the face of future uncertainty.

But once completely dead its future becomes certain and hence most stable!

 

[Wysiwyg]

Today one of my friends told me that Indian market is one of the stable market as per performance analysis for last 10 years.

Looking back is the general practice. That is fine if the past continues into the future and you invested on that assumption.

sta·ble 1 (stā′bəl)
adj. sta·bler, sta·blest
1.
a. Resistant to change of position or condition; not easily moved or disturbed: a house built on stable ground; a stable platform.
b. Not subject to sudden or extreme change or fluctuation: a stable economy; a stable currency.
c. Maintaining equilibrium; self-restoring: a stable aircraft.
2. Enduring or permanent: a stable peace.
3.
a. Consistent or dependable: She has been stable in her support for the project.
b. Not showing or marked by erratic or volatile emotions or behavior: He remained stable even after he lost his job.
4. Physics Having no known mode of decay; indefinitely long-lived. Used of atomic particles.
5. Chemistry Not easily decomposed or otherwise modified chemically.

Is this the definition of stable? Not in my looking back opinion.