Yearly Movement

This has been the story of 2019. While Nifty50 gained 12% driven in large parts by gain in Banking and Financial Services, Midcap and Smallcap continued their journey southwards.

• This is what we expect in 2020 – we expect midcap and smallcap to make good the lost ground and decrease the valuation gap between them and large cap.
• Sectors that we expect to do well are Pharmaceutical & Healthcare, Metals, Auto & Auto ancillary, Specialty Chemicals and Infrastructure. Thematically, Public Sector Enterprises is expected to do well. Would include a few of these to track in weekly reports.

Do get back to us with feedback and if there any other data point that you would like to get covered in weekly reports. 

Wish you a wonderful and very prosperous New Year 2020.