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Avoid sectors having global exposure like IT, oil, gas

12/10/2022 07:51 PM | Click to read full article

ICICI Securities Ltd said it is one-year forward Nifty target is 19,425 with a sectoral bias towards banks, capital goods and automobiles. It has suggested investors avoid sectors like IT, oil and gas, and metals.

The company has recommended Axis Bank, City Union Bank, Apollo Tyres, Eicher Motors, Coforge, Healthcare Global Enterprises, Laurus Labs, Container Corp, and Havells India stocks as its Muhurat 2022 picks

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