Stock Market Correction Predicted Ahead of India’s General Election

Indian stock market set for correction of 3-5% pre-2024 elections according to Tradejini COO. Shriram Way2Wealth's top picks, including IRCTC and SBI, offer 10-20% growth potential.

Trivesh D, the Chief Operating Officer of Tradejini, has predicted a small correction of 3-5% in the Indian stock market ahead of the general elections in 2024. According to him, this correction is expected to occur in the near future. Trivesh D also believes that large and midcap stocks will be affected by this correction. This prediction is significant because it provides insight into the potential impact of the upcoming elections on the stock market.

General Elections 2024 Stock Picks: Shriram Way2Wealth’s Top 10 Stock Picks

Shriram Way2Wealth, a prominent financial firm, has recently released its top 10 stock picks for the current market scenario. These picks are based on their analysis and assessment of the Indian stock market. It is worth noting that Shriram Way2Wealth expects these stocks to offer potential upside ranging from 10-20%. Among the top picks, IRCTC and SBI are specifically highlighted for their potential. This information provides investors with valuable insights into the stocks that could outperform in the upcoming season.

Summary:

– Trivesh D, COO of Tradejini, predicts a small correction of 3-5% in the Indian stock market ahead of the general elections in 2024. Large and midcap stocks are expected to be affected.
– Shriram Way2Wealth has released its top 10 stock picks for the current market scenario. These picks include IRCTC and SBI, with a potential upside of 10-20%.

Citations:
– Mint: “A small 3-5% correction seen in Indian markets ahead of 2024 general elections, says Trivesh D”
– Mint: “General Elections 2024 Stock Picks: IRCTC, SBI among top 10 picks for this season; to offer 10-20% potential upside”

Leave a Reply

Your email address will not be published. Required fields are marked *