"On the other hand, most economists see relatively muted growth for the western world in 2024 which could mean that the global facing sectors like commodities (metal, chemicals etc), energy, IT etc could see relatively modest growth. From a flow point of view, we see domestic flows remaining resilient in addition to some pick up in flows from FPIs. Again, from a bond market as well, Indias inclusion in bond indices etc should drive some amount of fixed income flows as well into the country."