Power to Discretionary: 6 sectors that could dominate markets in new Samvat
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Power, defence, banking, and manufacturing sectors are expected to lead markets in Samvat 2083.
- ✓Analysts said these areas show strong growth potential despite recent market caution.
- ✓"Overall, we prefer sectors where structural demand is supported by visible earnings growth rather than valuation expansion alone," said Ventura's head Vinit Bolinjkar.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Certain themes and sectors such as power, defence, banking & financials, discretionary and manufacturing, among others are expected to hog the limelight in the new Samvat year, said analysts.
The Indian stock markets are expected to kick off Samvat 2083 on a more cautious note as external energy shock overshadows a resilient economy. Record foreign investor outflows and the rupee near ₹95 per dollar have weighed on large-caps, with the Nifty down about 12 per cent in Samvat 2082.
Going ahead, analysts expect the benchmark indices, Sensex and Nifty, to break out of this consolidation trend and likely scale new highs on the back of earnings recovery and valuation comfort.
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