2024 Outlook
INTRODUCTION If one were to rank the biggest drivers of stock market performance in 2023, mega-cap dominance and the missing recession would likely be atop the list.
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INTRODUCTION If one were to rank the biggest drivers of stock market performance in 2023, mega-cap dominance and the missing recession would likely be atop the list.
He talks about the expectations from interim Budget, sectors that are expected to do well, why this is the right time to invest in large cap funds and IT stocks, future of debt securities, apart from his views on cryptocurrencies as an asset class
There were 63 debutants in the top 1,500 companies. Jio Financial debuted as a large-cap stock in 38th spot with a m-cap of Rs 1,46,441 crore.
Neeraj Chadawar says: "The anticipation of political continuity in the upcoming 2024 general elections has heightened market confidence, providing increased visibility on policy continuity. This, in turn, is expected to sustain the growth momentum of the domestic economy. Given these factors, we foresee that the Indian equity market will maintain a higher premium to emerging markets (EM) over the next year."
Among Large-caps, UPL and Adani Enterprises fell the most