Neeraj Chadawar says: "The anticipation of political continuity in the upcoming 2024 general elections has heightened market confidence, providing increased visibility on policy continuity. This, in turn, is expected to sustain the growth momentum of the domestic economy. Given these factors, we foresee that the Indian equity market will maintain a higher premium to emerging markets (EM) over the next year."
Girirajan Murugan says: "As we move forward into 2024, it is anticipated that the Indian Stock market will demonstrate resilience, potentially outshining its global counterparts. This optimistic outlook is grounded in the improving global and domestic landscapes, coupled with favorable elements such as softened inflation, an early adjustment in monetary policy rates, and reduced crude oil prices."
Manish Sonthalia says: "There could be some time correction in mid and small caps during FY2024, not too much price correction, as SIP flows and retail participation in this space are pretty strong. The IPO market is pretty heated up in general SME or Main Board IPOs. IPOs would in general be an avoid."
Amit Goel says: " We believe that the Indian markets may enter a range-bound phase in the next few months, with 20,000 levels serving as a major support and 22,000 as a powerful resistance. However, in the second half of CY24, we anticipate the equity markets reversing course and beginning a multi-year bear market ."
Sanil Kumar KV says: "The surge in SIPs reaching Rs 17,000 crore in 2023 reflects a growing awareness among retail investors about the power of compounding. Salaried individuals should consider continuing SIPs until retirement, leveraging technology to start early, and benefit from the ease of accumulating wealth through consistent and disciplined investment practices. This approach aligns with the crorepati dream, emphasizing the significance of long-term financial planning."