The festive season in India is considered auspicious for the purchase of valuable items like automobiles, apartments, and even clothing, watches, and electronics. According to analysts, stocks in sectors like FMCG, auto, and banking might see some good action due to increased demand during these times.
In addition, the demand for apparels is expected to be driven by the premium segment amid consumer preference shift and buoyant corporate activity as people resume office.
Jewelry stocks are also expected to remain under the spotlight over the next two quarters as the festive season in India kicks in with the Ganesh Chaturthi festival.
Here’s a list of some stocks that can benefit from the festive season:
- Tata Motors
- Mahindra and Mahindra
- Titan
- DMart
- Shoppers Stop
- Manyavar
- Raymond
Please note that this is not an exhaustive list and that investing in stocks carries risks. It’s always advisable to do your own research before making any investment decisions.
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