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Budget News: The upcoming Union Budget for 2024 is expected to have implications for investors, with a focus on tax relief measures, capital expenditure, fiscal deficit, subsidies, and market borrowings. Find out the key factors investors should watch out for in Budget 2024.
Sonam Srivastava says 2024 holds the potential for being a moderately positive year for the Indian equity markets.
The upcoming Budget 2024 or Vote on Account is anticipated to focus on tax relief measures, infrastructure projects, agriculture, rural development, and fiscal discipline. Sectors such as FMCG, healthcare, construction, cement, steel, public sector banks, green energy, EMS, railways, defence, packaging, and ESG are likely to receive attention. Investors should watch for government spending priorities and policy direction, as well as global uncertainties and interest rates.
Stock market experts anticipate muted growth for Indian IT companies in the Q3 results due to global macroeconomic headwinds and recession fears
One PMS fund manager has forecast a target of 23,000 for Nifty by the time of general elections, but also anticipates a possible correction post-elections