Here's the lowdown.
Shreyash Devalkar, head equity, Axis Mutual Fund
Devalkar expects consumer discretionary, healthcare and capital goods to perform well in 2025. Consumer discretionary benefits from the premiumization theme as luxury spending has done well, he said, adding that capital goods companies have strong order books. Both domestic and export markets in pharma sector are growing steadily.
Devalkar has avoided financial services, consumer staples, and oil and gas. Lenders face challenges from slowing growth and pressure on net interest margins. Consumer staples are seeing weak urban consumption. Oil, gas, and their derivatives are expected to remain soft due to slower global growth.
Aniruddha Naha, CIO-alternatives, PGIM India AMC
Naha is positive on pharma, banks, non-banking financial services and cement.
He sees tailwinds in pharma—"the US price erosion cycle has turned given drug shortages and only a mild increase in competitive intensity; strong drug pipelines across companies; stable domestic growth; and benign cost environment."
This story is from the December 26, 2024 edition of Mint Kolkata.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 26, 2024 edition of Mint Kolkata.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
End the year with music, art
A Mint guide to what's happening in and around your city
Purists Don't Want Bakers to 'Mess' With the Mince Pie
Some Brits believe jazzing up the festive treat, made of dried fruit and pastry, takes away its nostalgic value
Do fashion collaborations give both brands an edge?
As more international brands look to partner with Indian creatives, a closer look at what will make these mergers truly meaningful
How will US federal workers react to the wrath of DOGE?
They face hard choices. The US should heed past advice on reforms
Watch 'Industry': Delve into imaginary trading
This serial does what the film 'Wall Street' did. It reveals how grubby investment banking can be. But it also shows the power of money to bury hatchets and forge unlikely alliances
A manufacturing sector revival is a must to uplift our economy
India requires structural changes that go beyond cosmetic policy tweaks to address the real issues
CFA or CFP: What's Right for Your Financial Career Goal?
Exploring the career paths of CFA and CFP aspirants from diverse professional backgrounds
Bridging the Insurance Gap for India's Self-Employed with Tech Solutions
Self-employed people struggle to access term insurance and other financial protections
Hospital room rent caps: How dual policies can affect claims?
My corporate insurance policy includes a room rent cap for hospital stays, while my individual insurance policy does not. Will staying in a higher-category room affect my claim? —Name withheld on request
Top 7 cities' housing sales to fall 4% in '24
Housing sales are estimated to fall 4% this year in seven major cities to nearly 460,000 units on lower launches, while sales in value terms are up 16% to ₹5.68 trillion, according to Anarock.
