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Jefferies states key reasons why markets could scale new highs

Stock Market today: Jefferies December 2024 Nifty target at 24000 indicates about 12% upside. Relative Nifty valuation are better and market could touch new highs as per Jefferies. FPI flows may improve as domestic flows remains supportive. India’s multi-year capex cycle has also started unfolding. ....

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