Can insurance companies rally this year or should underperformers be avoided? Devang Mehta answers

Devang Mehta, believes that the Nifty will cross 24,000 in 2024. He states that there are a confluence of factors, including macros, sentiment towards equities, and earnings growth, that support this possibility. Mehta emphasizes the importance of earnings-led rally rather than a rally of everything. He also discusses the potential of Reliance's financial business model and the shift towards financial assets.

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