Sensex, Nifty, Share Prices LIVE: In 2024, Indian equities brace for a dynamic journey following a strong 2023, with analysts predicting a potential 7% climb in benchmark indices. The market’s optimism hinges on factors like the Lok Sabha polls, US Presidential elections, interest rate trajectories, inflation trends, and geopolitical shifts. A BJP majority in the 2024 general elections is coveted for stability, seen as vital for sustained economic growth. Pre-election rallies are expected to fuel market sentiment, further buoyed by possible rate cuts. In 2023, Dalal Street witnessed a significant rise in investor wealth amidst positive macroeconomic fundamentals, political stability, robust corporate earnings, and signals of potential rate cuts from the US Federal Reserve. Globally, indices like the S&P 500 and Nikkei surged, driven by optimistic economic conditions and prospects of lower interest rates, while concerns lingered in London over high rates and inflation.
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