Sandip Sabharwal believes that the positive outcome of the Maharashtra election, with the ruling party securing a larger mandate, could boost market confidence. This result suggests public approval of economic policies and potential for continued growth. Coupled with the market’s recent dip, Sabharwal suggests this could signal a bottom for 2024, paving the way for incremental market improvement.
FPIs net sell domestic equities worth Rs 26,533 crore in November so far
In October, FPIs sold shares worth Rs 94,017 crore after a September purchase, where FPIs bought domestic equities worth Rs 57,724 crore. While in August,