BUSINESS

1

[{"selector":"#anim-151aa22f-15d4-45a7-bd87-9d10b663bf93","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9168120b-2744-4099-8eba-7a1ccce35088","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e405768e-9503-4a6d-bd2c-d4b70cfc8c28","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9d3066f-8f2c-4f9d-a536-6e6d6a8003d7","keyframes":{"transform":["translate3d(0px, 1020.88814%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

2

[{"selector":"#anim-07f45f55-17dc-4498-b646-72fb2e867759","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55966a67-0b44-4ac9-800c-d87548053886","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-075238d1-9800-4d36-a904-c2f10f03f6ed","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a96a180-83a3-44bb-b085-5c56f7975bcf","keyframes":{"transform":["translate3d(0px, 140.23197%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

3

[{"selector":"#anim-ababc686-8078-4140-809e-98a5f296d34a","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-34136358-89df-439c-af53-832b4103e9c0","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ce2e4cab-4a51-4d95-a02a-334b0a032df7","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fba0e840-1437-4b8d-b978-4201d60afaaa","keyframes":{"transform":["translate3d(0px, 1020.88814%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

4

[{"selector":"#anim-8a3addf2-48ec-4dd8-b3d8-ae2093270379","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8f44bebd-0396-4fb7-8cf2-2f5ba8d74e27","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7fe7bee-99a6-492d-aabb-8e4c20d65819","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b351541-1da2-42fc-92ff-e0c3941968d5","keyframes":{"transform":["translate3d(0px, 140.23197%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

5

[{"selector":"#anim-e624adb6-4fe9-4791-9f90-141b5cbfe18f","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fee8e778-0042-44ca-9ebd-6cded124eb66","keyframes":{"transform":["translate3d(0px, 819.51893%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0463c2df-25c9-441d-9f2e-eafbd35a0a38","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fd5cd490-160c-4733-b75e-f723283e063c","keyframes":{"transform":["translate3d(0px, 1020.88814%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

[{"selector":"#anim-a1719f1b-38dd-40e5-9892-ee299cf9fcee","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Can Nifty50 reach 24,000 in 2024? Read more about this here

[{"selector":"#anim-3c8d9c15-d213-429b-a5bf-cf8bc912d535","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Click Here For more Business news click on the link below

BUSINESS

Can Nifty50 reach 24,000 in 2024?

1

Nifty50 forecast

Jefferies forecasts the Nifty50 index to climb to 24,000 by 2024 due to reasonable valuations in the Indian stock market.

2

Attractive valuation

Jefferies analyst Mahesh Nandurkar said, "Nifty is now 20x 1-year forward - higher than the past 10-year average, but relative to EM (ex-China) the premium at 67% is only somewhat higher than the historical average."

3

High on bank stocks

The brokerage firm has upped its focus on bank stocks and included Adani Ports in its portfolio.

4

Top picks

Top picks are major banks (Axis, ICICI), real estate developers (Lodha, Godrej Properties), power (Coal India, JSW Energy), two-wheelers (TVS, Eicher), telecom (Bharti Airtel), and capital goods (Adani Ports, Kajaria).

5

Foreign inflows expected

Jefferies anticipates increased foreign inflows this year due to factors like a peaking US Dollar, Lok Sabha elections, and India's growing importance in global markets.