Which Shares to Buy in 2024?

The Indian Stock Market has given phenomenal returns in the past 1-year

The Performance of Nifty 50 (Indian Stock Market)

Despite this, the markets have more juice in them with lot of under-performing sectors projected to kick-in in 2024. These sectors are

  • Textiles
  • Metals
  • Chemicals
  • Paper
  • Cement, etc

Also, the sectors that have performed well in 2023 will still maintain their edge.

Taking this into account, it would be prudent to talk about areas that will fire in 2024 rather than going into stock specifics.

Having said that you can look for opportunities in areas like

  1. Infrastructure
  2. Engineering
  3. Public Sector Banks
  4. Housing Finance NBFCs
  5. ITeS Companies (Not IT Companies)
  6. Large Cap Pharma Players
  7. Midcap Oil Extraction and Marketing Companies
  8. Logistics Players

You can use Money control, ET Money or Mint to read about the areas, players in these areas and what RoI you can expect from them if you are investing.

Do your own research before investing

Hope this helps You can follow my blog for getting insights.

God Bless and Happy Investing!!

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑