2021-04-22 00:00:00

Despite the high volatility of the capital markets during the COVID crisis, India ended 2020 on a high note, with gains of abou

t 15% on benchmark indices, with small and midcaps outperforming. Some stocks outperformed eventually year and are expected to still do so this year. this might be an honest time to take a position within the stocks of those two strong sectors, particularly given the upcoming budget announcements.

Pharma: The pharmaceutical industry is predicted to expand as healthcare becomes a main focus area (following COVID) not only in India but round the world. MNCs that give China an almost 50% discount on having their drugs accepted within the Chinese market will open up more opportunities for Indian pharmaceutical companies. With the expectation that 60-80% of the worldwide population are going to be vaccinated this year, pharma companies will have tons of P&L opportunities, and Indian pharma companies as suppliers will get a bit of the pie. As a result, investment during this sector is predicted to select up steam within the coming quarters.

IT/ Technology Sector: The IT/technology sector was already on the expansion , because of the increasing availability of high-speed internet and smart phones. With the ideas of social distancing and work from home, COVID 19 had gradually contributed to plug demand. rather than physical purchases, consumers tend to transact virtually through applications or online banking. All of this has resulted within the emergence of new-age technologies, which are projected to expand at a CAGR of 16% and convey within the multi-technology transformational era. this is often also expressed within the success of the IT stock exchange . Investors trying to find long-term growth and inflation control should consider investments during this field.

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