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ITC, VIP Ind: Stocks brokerages are betting on for a cracker Samvat 2079

As we enter Samvat 2079, analysts believe that the domestic market's outperformance against global peers will sustain as fundamentals and profitability of Indian corporate improves

samvat, stock market, diwali, hindu calendar
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Lovisha DaradNikita Vashisht New Delhi
Equity markets across the globe underwent a roller-coaster ride in the Samvat 2078. Liquidity reversal, policy tightening, the Russia-Ukraine geopolitical crisis, and rising inflation induced volatility in the markets since last diwali. As we enter Samvat 2079, analysts believe that the domestic market's outperformance against global peers will sustain as fundamentals and profitability of Indian corporate improves.

"A good monsoon, cool-off in commodity inflation, and healthy job labour market, suggests a steady macro-environment inspite of high inflation. We believe housing or realty, consumer space, commercial vehicles, home improvement, and travel or tourism to emerge as top themes in Samvat 2079,"

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First Published: Oct 19 2022 | 1:51 PM IST

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