Q2 GDP data, Nov. 29 -- Following the release of better-than-expected Q2 GDP data on Friday, experts have predicted a strong gap-up opening for the Indian stock market on Monday. They said that a surprise 8.20% Q2 GDP growth print in India is expected to attract the attention of both domestic and foreign investors and predicted banking and manufacturing stocks to outperform the other sectors.
Market experts advise investors to consider PSU bank shares, such as SBI, Canara Bank, and Union Bank of India. In contrast, they bet heavily on manufacturing stocks, including Asian Paints, Larsen & Toubro (LT), Mahindra & Mahindra (M&M), Bajaj Auto, Cochin Shipyard, and Mazagon Dock Shipbuilders. Predicting an IMF rating upgrade for India in the n...
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