Top Sectors For 2021: In the year 2021, these 5 sectors, including rural, infrastructure, can come up fast
Top Sectors For 2021: Recovering from the era of the Corona epidemic, the stock market has achieved a new status on the last day of the year i.e. 31 December 2020. In today’s business, the Nifty crossed the 14000 level for the first time, while the Sensex set a new high of 47867. In view of the recovery in the country’s economy, investors are constantly investing money in the market. Renting agencies and the economy are now looking positive about Deya’s economy. GDP growth is expected to come to positive by the fourth quarter of the financial year. In such a situation, the attraction of not only domestic investors but also foreign investors has increased on Indian markets.
Experts and rating agencies believe that the market will continue to rise amid mild lightening correction. In 2021, the Sensex will reach the level of 50 thousand. At the same time, the Nifty can touch 15000 levels. He said that consumption has improved with increasing industrial activity. To give a boost to the economy, the government is focusing on infrastructure schemes. Rural sector is already in the priority of the government. Experts believe that in the coming days, the rural theme, consumer sector, infrastructure, pharma, IT and banking sectors can see good growth.
Alok Devra, lead analyst-institutional equities at Yes Securities, says the infrastructure sector has performed better in 2020, even after the lockdown. NHAI alone started the 1300 km project. The heavy award was also seen in water and irrigation. Even after the lockdown, the order book of the companies strengthened. Talking of 2021, the government’s focus is on the infrastructure sector to strengthen the country’s economy. The order book of most contractors is looking better. Labor availability has now improved from 80 to 90 percent. Many projects are being started, many are in the pipeline, work on which will start soon. He says that companies like PNC Infratech, KNR Construction and HG Infra can prove to be winners.
In the year 2021, there can be a good boom in the rural sector. The government’s focus is on the rural sector, with the aim of increasing rural income through all the reforms. Direct Jagdish Thakkar of Fortune Fiscal believes that given the current situation, it can be said that in the coming budget, the government can make big announcements for the rural sector. Farming can be a priority of the farming government. Rural income has increased. Due to Carona virus, many people have returned home to their villages and the activity related to farming has increased. In such a situation, the rural themed shares can perform well in the coming days.
In the midst of an improving economy in the country, as people’s income is coming on track, consumption is also improving. The relief package of the government is also seen contributing to it. The good thing is that interest rates also remain at their lower levels. Brokerage house MK Global believes that the auto sector is seeing good growth in the coming days. Due to the lockdown, the sector was under pressure throughout the year 2020. But now the demand is improving. Experts are assuming that the demand for consumer products is also increasing now. Its signs have been found in the festive sale. Soon the challenges of supply will be less. Footfall is expected to increase in the coming days. Companies that make refrigerators, washing machines, ACs and TVs can benefit. International bank BNP Paribas also believes that consumer stocks are benefiting from domestic rural demand. The global deal is improving. These are all good signs.
Experts are assuming that financial activity is increasing amidst the improving economy. Uncertainty about NPA is also slowly decreasing. In such a situation, in the year 2021, banking and financial sector can see a significant boom. Anyway, banking and the financial sector have a big contribution to the growth of the country’s economy. Although experts are showing more trust in private bank sectors.
The winner of the year 2020 has been the pharma sector. The COVID 19 epidemic has made people more aware of the disease. In such a situation, the demand for medicines was very high this year. The business of this industry continued to grow due to exemption from lockdown. Expert is also saying that growth in the pharma sector will continue. He says that there are still many companies focusing on revenue in the domestic and foreign markets, in which there is growth. According to Yes Securities lead analyst Bhavesh Gandhi, companies making vaccines this year can prove to be winners. Companies like Dr. Reddy’s, Aurobindo Pharma, Cadila and Wockardt are included in this. At the same time, companies that are growing fast in the domestic market will be Torrent Pharma and Aurobindo Pharma and Alembic Pharma top picks to take advantage of the US generic market. But it will be difficult to say as fast as 2020.
(Note: We have given information here based on the report of experts and brokerage houses. Seeing the opinion of experts at your level before investing, given the market risk.)