- Samvat 2076 was a volatile stock market
- The stock market is seeing great boom once again
- Expectations from IT, Health, Agriculture, Telecom and Consumer sectors this year
Samvat 2076 was a volatile one for the stock market. The market had fallen significantly due to the Kovid-19 epidemic but now it has recovered. Now we are entering Samvat 2077. The stock market is once again seeing a spectacular boom. Kovid-19 had a great impact on different sectors and companies during Samvat 2076, which had an impact on the stock market.
Samvat was favorable for the healthcare and technology sectors since 2076 and pharma and IT saw growth of 51 and 44 per cent. In contrast, Corona had the greatest impact on financials, particularly public sector undertakings. Now that we are entering Samvat 2077, the market seems to be in good shape. However, another wave of corona cannot be ruled out but economic reforms are expected to continue.
Invest in these shares
Talking about Samvat 2077, experts are optimistic about IT, healthcare, rural agriculture, telecom, consumer and financials. He believes that another relief package announced by the government will help increase the sentiment. Knowledgeable Muhurta advises investing in Bharti Airtel, State Bank of India, Hero Motorcorp, Infosys, Ultratech Cement, ICICI Bank, Crompton Consumer, Dabur India, PI Industries and Divis Lab.
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Bharti Airtel has performed well in the last few quarters. According to experts, there is a lot of expectation from the company over the next one year. Similarly, the country’s largest public sector bank SBI is also expected to outperform during the next one year. Hero MotorCorp has recovered rapidly due to its focus on rural areas. The company is the market leader in the entry and executive segments.
Why invest in these shares
IT giant Infosys will be the biggest beneficiary of the recovery in the IT sector. Ultratech Cement has a nationwide distribution network and primary supplier status for critical infrastructure projects. As the demand for cement in the country increases, its condition is going to be better. Private sector ICICI Bank has seen strong growth in retail deposits.
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Crompton Consumer retained its reign over fans and pumps and remained at number-2 in the water heater segment. Its business trends are getting better faster. Investments in Dabur India can also be beneficial, with a focus on herbal products and power brand strategy. The growth of PI Industries is expected to continue unabated. Experts are also excited about Divis Lab. This is due to rising demand for APIs and increasing margins of the company.
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