D-Street Looks Set for Modi Rally Tomorrow indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Confidence Shake-up Jolts Markets Into Frantic Ride forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time.
The key investment themes have been identified after analysing the Sankalp Patra - the party s manifesto for the next five years - released on Sunday.
Gautam Duggad, from Motilal Oswal Financial Services, emphasizes stock-specific approach with an eye on earnings growth and a consumer stocks mix. He remains Positive on consumer discretionary, hotels and real estate sectors and cautious on IT stocks.. Duggad further says their preference within the overall underweight stance is still with largecaps .
Gautam Duggad of Motilal Oswal expects the market momentum to continue this year as well, with Lok Sabha election outcome and interest rate movement as the key triggers for the near term