2024 market trend: ETMarkets Smart Talk: Earnings, capital flows to dictate market trend in 2024: Bhavesh Shah
"The election results, if turned out as expected, would cement the sentiment and the market would look for continued impetus towards infrastructure spending and policies from the government that nurture growth of the economy. Earnings would also be a major driver of the direction of the markets going forward. With Nifty 1-yr forward PE trading at 21.35x currently, there is an expectation for growth in earnings."