Indian fairness benchmark indices have been scaling file highs in current buying and selling classes on the again of optimistic international cues, hopes of rate of interest reduce within the US and financial development optimism.
Analysts additionally attribute the upbeat temper within the markets to hopes of BJP-led Modi authorities regaining energy on the Centre within the upcoming basic elections this 12 months.
A more in-depth have a look at the market knowledge, prior to now three election years, reveals a really promising image for the benchmark indices in March 2024.
If historical past had been to be repeated, the NSE Nifty can scale mount 24,000 and the S&P
First Revealed: Mar 04 2024 | 11:30 AM IST
