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From Purvanchal to Paschimanchal, and from Madhyanchal to Bundelkhand, there will be no shortage of employment opportunities for the youth.

In a bid to bolster tourism and catalyse economic development in the state, the Uttar Pradesh government has announced a decision aimed at incentivising the hospitality industry. The government plans to significantly reduce property tax rates for hotels, thereby granting them industry status. The

“ if you look at most of the largecap names like Reliance, HDFC Bank and if you look slightly longer over the last say 12 months or so, even ICICI Bank has not done anything. Given the fact that both Reliance and HDFC Banks stocks have got a considerable weightage and they have not performed, that actually makes the case that when they start performing next year, there is a good probability that the largecaps might outperform midcaps for some time.”

Subhrajit Roy anticipates an acceleration in capital markets activity in 2024, in view of the deleveraging of corporate balance sheets and restarting of the capex cycle.

The short-term technical outlook for Nifty continues to be in favor of the bulls, with support seen at 20089-19909 and resistance at 20500-20751, says Prashanth Tapse, Senior VP (Research), Mehta Equities.