Lok Sabha election results 2024: Prime Minister Narendra Modi said that the stock market would have a rally once the election results are out. A few days back, Union Home Minister Amit Shah asked investors to buy the dip before June 4, 2024, as the market will shoot up after that. Now the question is what should investors do till the election results are out? Is it time to accumulate more stocks or avoid the volatility and play it safe? Find out here
Despite high prices, gold demand picks up this Akshaya Tritiya thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Smallcaps with double-digit returns turned multibaggers in Q1 2024, led by Waaree Renewable Technologies and Diamond Power Infrastructure. Despite caution due to SEBI warnings, experts like Rishabh Goel and Varun Saboo remain optimistic about smallcaps earnings growth potential.
Market regulators express concern over valuations from a strong bull run, predicting time correction and shift to reasonable valuations. SEBI s action on international ETFs aims to manage currency stability, reflecting a cautious market approach.Rishabh Goel says with the US Fed maintaining three rate cut expectations, expects FII flows to help further drive largecap performance.
Vivek Goel says: "Given that the Budget immediately prior to general elections is an interim one, similar to earlier interim budgets, we do not expect any major announcements. It is most likely expected to maintain the course of current policy giving markets comfort on continuity. With expectations of monetary policy easing up in 2024 after one of the steepest rate hike cycles, we should see FII flows come back strongly as India has stood out in a difficult period."