As government releases Q4 GDP data today, these are economy stocks and sectors to look at4 min read 31 May 2023, 03:03 PM IST
India's economy is expected to grow significantly faster in Q4FY23, led by banking, capital goods, manufacturing, and services sectors, reflecting improved consumption trends. Economy stocks to watch include IRB Infrastructure, Larsen & Toubro, Gail India, Indian Oil Corp, and NTPC.
Overall, analysts expect India's economy to grow at a moderate pace in the January-March quarter (Q4FY23), both sequentially and year on year, led primarily by the banking, capital goods, manufacturing, and services sectors, reflecting improved consumption trends and an encouraging increase in private investment.
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