New Delhi: We expect a modest return of 10 to 12 per cent on the main market in CY24, says Vinod Nair, Head of Research at Geojit Financial Services. It is advised to diversify the investment pattern to multi-assets. It is suitable to be diverse when equities are trading above the long-term average for a prolonged period The euphoria is expected to continue during the start of the next year on account of the exuberance of rate cuts and the drop in bond yields. “We presume CY24 to be a year of reversal in sector and category wise. We like large-caps compared to mid and small-caps. Generally, it will be a stock- and sector-specific year. Sectors we like are Banks, Manufacturing, Pharma, Chemi
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