A further decline in US interest rates will likely increase FPI purchases in 2024, particularly in the early months in the run-up to the general elections and the largecaps will be major beneficiaries, said Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
BEL shares jump 4%, hit 52-week high after Nuvama raises target price post strong Q4 results
BEL shares: Nuvama highlighted that BEL’s Q4 margins improved to 30.6% from 26.7% quarter-on-quarter, exceeding market expectations of 24.7%. The management has reiterated its guidance