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Analysts said investors need to be selective while picking midcap stocks following the sharp rally. A couple of them suggested a few midcap stocks that investors can keep an eye on in 2024.
The company said when examining the distribution-led growth, 70 percent came from their existing outlets, while the remainder resulted from the establishment of new outlets.
Diwali 2023: The broking firm said investor should focus on sectors such as consumption, auto, BFSI, real estate, travel & tourism, engineering & cap goods, telecom and fast-growing sectors like Renewables, EMS etc.