Sectoral shifts in Indian markets: Industrials, metals lead, financials expected to rebound, says Phillip Capital

Phillip Capital reported a shift in Indian equity sectors, with industrials and metals gaining post-Covid-19. Financials have retreated, but a recovery is anticipated. The report forecasts growth in staples and IT sectors, maintaining a positive long-term outlook on Indian equities.

Sep 26, 2024 - 08:30
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Sectoral shifts in Indian markets: Industrials, metals lead, financials expected to rebound, says Phillip Capital
Phillip Capital reported a shift in Indian equity sectors, with industrials and metals gaining post-Covid-19. Financials have retreated, but a recovery is anticipated. The report forecasts growth in staples and IT sectors, maintaining a positive long-term outlook on Indian equities.

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