IT, Pharma, and FMCG are expected to perform well. Additionally, Oil & Gas, Energy, and Power sectors (including companies like REC, PFC, NTPC, Coal India) are bullish. Telecom stocks are also predicted to do very well over the next two years due to rising prices and low competition.
"three sectors are going to perform in next to nothing are strong in IT as soon as you have loss rate going away so IT will go very well pharma story is very strong and FMCG is India story that is one sector second in PSU I am extremely bullish on oil and gas energy and power this is one basket so oil companies gas companies power companies like REC PFC NTPC Coal India kind of ok I am not recommending stocks Without levels or anything but these are the companies power stocks that are going to do very well India is a power deficient company we still have lots of demand coming in so and valuations are much cheaper for the PSU stocks so I have changed stance a little bit from overweight in defence and railways to now overweight in oil and gas energy power stocks what a thing and third is like I am very very bullish on telecom stocks"
