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2023 in review: Morgan Stanley remains optimistic about the outlook for global market macros in 2024, foreseeing another positive period. The brokerage has identified ten potential surprises that could significantly impact global markets in 2024.
Central banks guidance on rate cuts may lead to higher spending on tech by companies in the top market for IT services.
Brokerage house Emkay expects continued strength in equities and recommends investors to use any technical corrections to add exposure.
A close watch on RBI on it buying dollars from the supplies will indicate its intentions to allow further appreciation.
Indian benchmark indices extend their bull run for seventh consecutive week, reaching all-time highs on the back of potential rate cuts by the US Federal Reserve, surge in industrial production, falling crude oil prices, and sustained FPI inflows.