Budget 2018 - Prefer Buying SBI, Infosys, ITC and other Large caps over Small and Midcaps
Budget 2018 Avoid buying mid & smallcap stocks ahead of Budget; largecaps a preferred play. The government is likely to take some measures to boost the rural
economy. Hence, we are positive on sectors which are focussed on agro
tech, rural consumption, infrastructure and capital goods. In order to
gain from the measures taken by the government, we have been aligning
our portfolio accordingly. As the economy improves over the coming
years, we believe, well managed private sector banks and PSU banks with
a good retail franchise and high CASA mix will deliver good returns. Moreover,
other sectors such as defence manufacturing, autos, affordable housing,
infrastructure and respective ancillary sectors may witness good growth
over the next 2-3 years.
Lables: Investment, Buy best Mutual Funds, Stock Market, Large caps,
Lables: Investment, Buy best Mutual Funds, Stock Market, Large caps,
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