Indian equities are poised to rise additional after closing out a document eight-year successful run in 2023, on expectations of continued inflows from retail and overseas traders in addition to robust development in company earnings.

That’s the important thing takeaway from a casual Bloomberg News survey of 10 fund managers and strategists, seven of whom mentioned the NSE Nifty 50 Index will rise in 2024. Of them, two predicted a achieve in extra of 10%. Two different respondents forecast a drop. The benchmark has risen 20% this 12 months, setting new information alongside the best way and beating MSCI’s Asia Pacific and rising markets indexes.