Live Breaking News & Updates on Stock Market Outlook 2024|Page 3
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Indian markets have been one of the best-performing markets in the world in 2023. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance, expects positive momentum to continue in 2024 with rate cuts starting and foreign capital inflow. ....
“India growth story is continuing and there were concerns on a widespread NPA cycle increasing probably in second half but that may not be the case, So a good growth scenario and in addition to it a rate cut scenario is a very ideal situation for NBFCs to outperform and continue this outperformance which they had in the last year or so in our opinion.” ....
"We remain cautious on risky assets and the broader macro-outlook due to the interest rate shock that should negatively impact economic activity." ....