ET Market Watch: 5 factors why markets went down post a stellar 1st trading day of 2024?

Even though valuations of Sensex and Nifty are not in the danger zone yet, investors have been raising concerns about the possibility of euphoria building up in pockets of the market, particularly in smaller stocks. Kotak Institutional Equities says that Nifty could expect a 1% upside by Dec 2024 and a time correction is expected