As India heads to the polls, the pros name 8 top stocks to buy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 72%

Thermax Ltd News

Cummins India Ltd,ICICI Bank Ltd,ICICI Bank Ltd

All eyes are on India as it heads to the polls. We asked the pros to name sectors — and stocks — in the country to play right now.

A growing population, strong consumption levels and a pickup in manufacturing activity have propelled India's economy in the last year — and market watchers are actively seeking out opportunities in the South Asian powerhouse. India's stock market too, has been booming, pushing economists to say its market capitalization could hit $60 trillion in the next two decades.

" Infrastructure plays One segment Mittal likes is infrastructure, with companies set to get a boost from a 10 trillion rupee , or 33% jump , in government capital expenditure this year. "The government has been spending almost 3.5 to 3.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's Market Capitalization Could Reach $40 Trillion in 20 YearsAnalysts predict that India's market capitalization could easily grow to $40 trillion in the next two decades, driven by investor confidence and robust economic growth. With over 6,000 listed companies, India has the largest number globally, and they prefer raising equity earlier in their life cycle. Sujan Hajra, chief economist at Anand Rathi Share and Stock Brokers, believes that India's strong economic growth and stable currency can help achieve this target.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »