IT, metal, telecom, specialty chemical sectors will see the potential; Keep an eye on these stocks including SBI, ICICI, Airtel for profit

Buy stocks: In the ongoing ups and downs of the stock market, there are many themes, which may see a lot of momentum in the future. The declining event of Kovid 19 in India will support the market through recovery in the economy. Brokerage firm Axis Securities said in a report that budget capex spreads and strong earnings momentum are positive for the equity market. The brokerage has set a target of 20,200 for the Nifty. In addition, IT, Metal and Manning, Specialty Chemicals and Telecom have been given ‘Overweight’ rating.

What is the important theme of the market

According to Axis Securities, the announcement of capital expenditure in the budget is a big factor. Quality and quality themes will work better in the future. Market volatility has increased, but not yet in areas of concern. The speed of the company’s revenue will be important. According to the report, the brokerage has digital, telecom, banking, rural, mainstream and consumer considerations as the main themes of 2022. He says these themes are expected to remain in unrest throughout the year.

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What is the rating on a sector

Axis Security has taken an ‘extra’ approach in the IT, metal and mining, specialty chemicals and telecom sectors. At the same time, automobiles, BFSI, capital goods, cement, oil and gas, pharma and real estate have been given ‘equal weight’ rating.

Keep an eye on this stock

Brokerage firms include Axis Securities ICICI Bank, Bajaj Auto, Tech Mahindra, Maruti Suzuki India, State Bank of India, Hindalco Industries, Bharti Airtel, Federal Bank, Varun Beverage, Ashok Leyland, Bata India . Includes Equitas Small Finance Bank, Mold-Tek Packaging, Amber Enterprises India, CCL Products (India).

(Disclaimer: The investment advice here is provided by the brokerage house. This is not a G-Business opinion. Please consult your advisor before investing.)