Capex related themes like infrastructure, capital goods, cement, automation, energy efficiency, semi conductor, building materials etc will see good traction, says Devang Mehta, Director - Equity Advisory at Spark.
FIIs and mutual funds consistently increase stakes in 12 smallcap stocks for four quarters, yielding up to 203% returns. Notable stocks include Dixon Technologies, Electronics Mart India, and Welspun Corp.
The MPC is expected to maintain status quo on repo rates, as headline inflation is expected to come down in the coming months, says Devang Mehta of Spark Private Wealth.
Analysts believe the banking and financial services sector will spearhead the next market surge in the medium to long term, buoyed by India s economic expansion driven by capital expenditure, burgeoning credit activity, and an upswing in consumer spending.