Possible for Nifty to cross 23000 pre-election in 2024: Anirudh Garg
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Smart Talk
ETMarkets spoke to Anirudh Garg, Partner & Fund Manager, INVasset, PMS on market outlook for 2024, sectors to bet on and key learnings from the year.
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23000 on Nifty possible pre-election
We believe that the bull market is far from over. While we refrain from precise market predictions, our algorithms suggest the possibility of the markets soon surpassing the 23K mark on the Nifty, especially pre-elections.
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Old Economy Sectors
We continue to champion the key theme of old economy sectors, which we believe will drive the market for at least the next two years.
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Where To Invest?
Old economy sectors include names like railways, defence, infrastructure, power, capital goods, and PSU banks.
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Interest Rate Sensitive Sectors
With inflation expected to stabilize, we foresee a significant opportunity for interest rate-sensitive sectors such as real estate and commodities. These sectors are poised to gain momentum.
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Don’t Miss PSUs
Public sector undertakings (PSUs), which have often been overlooked or undervalued by investors, are likely to see a shift in perception.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)