“Returns are likely to be back loaded given the tough global backdrop and political uncertainty as the election approaches in 2Q24,” said Goldman Sachs’ analysts, including Sunil Koul, in the firm’s 2024 equity outlook note.
ETMarkets Smart Talk| Two more US Fed cuts could trigger FII comeback to Indian equities, says SMC Global’s Ajay Garg
The US Federal Reserve’s rate cut sets the stage for increased FII inflows into Indian equities, driven by strong domestic fundamentals and festive demand. Despite