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Showing posts with the label Indian Stock market

Infrastructure, IT, Real Estate, And More: Navigating Profitable Sectors In 2024

Infrastructure, IT, Real Estate and more: Navigating profitable sectors in 2024. The Indian Economy is set to record 6.5% growth in the financial year 2024, according to the assumptions of S&P Global. September's data showed that the Indian economy stretched 7.6% year on year. If India continues to grow like this then India can surpass China's growth % of less than 5% in the upcoming year. The current standing and projected growth of the Indian economy position India as a lucrative hub for foreign investment. On that note, Let's take a look at how 2024 can be for the Indian Market and which sectors can be more profitable this year. A quick look at how 2023 has been for the Indian Stock Market The Bombay Stock Exchange Sensex index marked an all-time high in September. It was 75,057 and the market may touch the 75,000 mark by the end of this FY 2024. This assumption comes after a dip of 3% underscoring the market's resilience. Notably, the benchmark index Nifty soare