Stock market may see a dip this year (AP Photo/Ahn Young-joon)According to a note published by JP Morgan analysts, the stock market could see a dip of around 20 to 30 percent after hitting a significant peak in 2024. Participate Now"We stick to our view that upside from here appears limited and that equities will fall 20-30% from a 2024 peak," JP Morgan strategists wrote in a note, reported Investing.com. While the overall 2024 outlook for stock market seems bleak, investing in small caps can be favourable this year, said the note. JP Morgan strategists in their note highlighted several reasons why markets can remain volatile in 2024, including economic recession and an invested yield curve. Will India's stock market rise ahead of elections?

Source: Hindustan Times February 10, 2024 06:44 UTC