Asset Allocation: ETMarkets Smart Talk: Investors should taper returns expectation in 2024; focus on quality businesses: Sahil Kapoor
Sahil Kapoor believes that the upcoming Interim Budget 2024 or Vote on Account is unlikely to make major announcements and will focus on continuity in tax regime and economic visibility. He warns that the current bull rally on the stock market may be derailed by factors such as fiscal deficit and profit booking. Kapoor advises investors to lower their return expectations and focus on the quality of businesses and their valuations.
Source: indiatimes.com
