16-10-2023 01:51 PM | Source: Geojit Financial Services Ltd
Quote on Sectors to buy on dips by Dr. V K Vijayakumar, Geojit Financial Services
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Below Quote On Sectors to buy on dips By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"Ideal buy on dip sectors are capital goods, automobiles and financials. Capital goods and automobiles are in a cyclical uptrend and the cycle will last for a few years. There is robust demand for capital goods and the automobiles sector will benefit from demand recovery plus margin improvement arising from fall in commodity prices. Financials, particularly banking, are doing well and valuations are lower than historical averages."
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