The Indian Stock Market has been in a correction mode since February 2022 and the current rise in the market may be transitionary.
The outperforming industries like IT, Chemicals, Banking, apparel, and FMCG have been hit by the fears of recession and hikes in commodity prices. Other than this, with no early end to the Ukraine-Russia War, the stock markets will find it difficult to even meet the returns of the fixed deposit (5–6%)
I am no fortune teller or physic but based on the current situation, it can be stated that the stocks of the following industries will do decently:
Stick to quality over speculation and use the dips to accumulate as the bear market is going to bring dividends for mid to long-term investors.
Also, this is not a recommendation and kindly do your individual research without fail.
Hope this helps