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01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Morning Market Quote : The impressive credit growth is sustaining Says Dr. V K Vijayakumar, Geojit Financial Services
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Quote on Morning Market 28 December 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"Three major trends are emerging as the New Year approaches: One, the impressive credit growth is sustaining; two, capex is gaining momentum; three, real estate is picking up. Therefore, financials, capital goods and construction related stocks are well positioned to outperform in 2023. In financials, the leading private sector banks have potential to move up further and PSU banks are short-term trading plays. The leading two or three PSU banks look good for long-term investment. All the leading names in the capital goods space are poised for further up move and consolidation in 2023. The real estate recovery can be played with stocks in the cement, metals, paints and adhesives segments."

 

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