Expert view: Here are key risks market will have to address in 2024
Live MintMarket has initiated 2024 with a positive stance, the outlook for equities appears promising, however equally favorable projections are for debt, commodities, and real estate. Additionally, central banks are expected to continue quantitative tightening to address excess liquidity in the financial market resulting from the expansive policies implemented during the pandemic, not an advisable period for equities. The current upswing in the domestic market is driven by the prospect of a pre-election rally, following the favourable mandate for the BJP in the Hindi region state election results on December 3rd. Its seems that India is on a strong pre-election rally, underpinned by a favourable eco-political landscape, with foreign funds showing heightened interest in anticipation of the continuation of supportive industrial policies. Strong domestic economic growth and stable high interest rates will generate decent returns on other assets like debt, real estate, and commodities.