Tag: equities
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Indian equities touched all-time highs in 2023 – What’s in store for 2024?
Sensex, the benchmark equity index, closed at an all time high of 70,514.2 on December 14, 2023 which translates into a 16 percent annual return. This comes after the Sensex doubled between March 2020 (29,468), post-COVID correction and December 2022 (60,840) in 2.75 years. 2023: Strong Buying By FIIs, Domestic MFs Story continues below Advertisement…
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Capex revival presents long-term investment opportunities in Indian equities: Kotak AMC CIO
The robust capital expenditure revival cycle is expected to be the prevailing investment theme shaping the trajectory of Indian equities markets in 2024, offering long-term investment opportunities in sectors including defence, infrastructure, railways, and others, according to Harsha Upadhyaya, CIO – Equity, Kotak AMC. The optimism extends towards substantial capex expected in the coming 5-6 years,…