You are currently viewing Five Nifty 50 stocks rallied over 50% in 2023; here’s what to expect from 2024

Five Nifty 50 stocks rallied over 50% in 2023; here’s what to expect from 2024

While sharing his views on 2024, Trivesh D, COO, Tradejini said, “In 2024, Indian market will experience a period of stability following the general elections. The ruling party is predicted to win, which will then likely lead to a small rally and consolidation in the market for the rest of the year. This stability will provide a positive environment for investors and businesses, promoting growth and development.”

In terms of sectors, Trivesh D believes that power, renewable energy, automobiles, and infrastructure stocks are anticipated to continue to play a substantial role in the stock market in 2024 due to the continuous emergence of new technologies, especially the EV sector. “I am looking forward to public sector undertakings (PSU) and how they grab the attention of foreign investors,” he said.

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