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ETMarkets Fund Manager Talk: This Rs 3 lakh crore asset manager sees market returns tracking earnings growth in 2024
Mahesh Patil says: "As the market starts to factor in rate cuts, and dollar weakens, one should expect FII allocations to India also improve as India offers the best growth amongst all major economies. With Nifty valuation only marginally above the long-term average, we expect market returns to be tracking overall earnings growth."