The Indian markets are expected to face challenges during Diwali 2024, with analysts predicting lower returns and increased volatility.
To navigate this uncertain period, experts recommend investing in large-cap stocks, which are known for their stability and attractive valuations.
Despite the market rally since March 2020 and the strong earnings growth of Nifty-50 stocks from FY21 to FY24, the upcoming year is expected to bring moderate returns and higher market volatility.
These forecasts are based on the nearly 28 percent rise in the Nifty since the previous Diwali.