“We expect DII flows to continue to remain strong, given that this is a structural shift in financial savings allocation of the households in India towards financial assets as against physical assets. We expect the FIIs to also turn constructive, if the election outcome comes as expected. We think the domestic cyclicals like financials, automobiles, part of industrials, telecom, hospitals and pharmaceuticals will continue to do well in CY24; assuming no adverse political outcome.”
| Subscribe To Our Free Newsletter |
