'Must Watch Out For FMCG, Pharma, Defence': Experts Identify 8 Sectors To Watch In Samvat 2083 (AI-generated Image)
\n\nAs the spotlight is on Samvat 2083, experts share the sectors and themes that could offer medium to long-term growth opportunities, however they do emphasise on the importance of valuations, earnings visibility and company fundamentals.
\n\nIndependent market analyst, Ambareesh Baliga told Times Now Digital, "one of the major global risks and especially for India has been the West Asia crisis which resulted in crude touching closer to 120 dollars per barrel which in turn was responsible for inflationary pressure, hike in interest rates, a weaker rupee which was threatening to derail the economy. With the recent mid-term poll debacle of Republicans, there is hope that West Asia solution could be nearer than ever before. Crude correction is an indication and it brings relief to the Indian markets where investors can again concentrate on the India growth story. The broad investment case rests on a combination of domestic consumption recovery, India's formalisation and credit growth, government-led capital expenditure, import substitution and manufacturing diversification. These sectors have different growth drivers, which also provides some diversification across a portfolio. The sectors mentioned are on a…
Original source: https://www.timesnownews.com/business-economy
