According to a report, the Indian stock market could gain as much as 20% in 2024, driven by government spending and strong corporate earnings. Bloomberg reports that the upcoming budget is expected to boost consumer spending and infrastructure development. A Bloomberg survey of 24 respondents indicates that over 50% predict the NSE Nifty 50 index may rise to 26,000 points by the end of 2024. The Nifty 50 index has already increased by 12% this year, reaching record highs.

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