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Going ahead, experts believe that the rally in midcaps and smallcaps in 2024 is not likely to be as strong as the one in 2023 due to high valuations. Furthermore, the analysts have started to prefer largecaps over midcaps and smallcaps in 2024 after last year's surge.
2024 has been a difficult year for the London Stock Exchange (LSE). But how bad really is the exodus of listed companies?
The S&P BSE Sensex hit an all-time high of 71,623 and the NSE Nifty touched a record high of 21,505
Markets scale new high, driven by global and domestic factors. But economic growth likely to slow down
Any dip towards 20,000 on the Nifty is a point of purchase, say analysts, as it represents an entry point into one of the finest 'islands of relative safety globally'