Although experts and brokerage houses are expressing confidence in the domestic market. He says that in the coming days, macro conditions will improve and uncertainties will go away. Most of the negative factors in the market are global.
The participation of foreign investors in the stock market will continue. Next year, themes like Banking & Financial, Insurance, IT Services, Oil & Gas, Rural Recovery, Capital Expenditure, Retail Play, Pharma, Auto can prove to be golden themes. Different brokerages have selected their top picks for 2023.
Banking & Financial, Rural Recovery, Capital Expenditure, Home Improvement Theme, Pharma Sector, High-Quality Retail Play
V-MART, Trent, RITES, Federal Bank, MAS Financial, Cholamandalam Investment & Finance, CIPLA, HUL, ASTRAL
Brokerage house ICICI Securities has kept the Nifty target of 21200 to 21500 for the year 2023.
Bharat Forge, Hindalco, Mindtree, MCX, SBI, Sun Pharma, L&T, Ambuja Cement, Federal Bank, Sundaram Finance, KEC International, Mishra Dhatu Nigam.
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