With the resounding victory of the incumbent government, Anand Rathi believes that markets would cheer the expected results as policy continuity would prevail with an increased focus on improving execution speed and plug gaps to increase efficiency; in turn better and sustained high GDP growth. Brokerage firm Anand Rathi has shortlisted sectors and stocks amongst its existing coverage which could benefit in the medium to long term. Investors could add these ideas in a staggered manner. Here’s the list:
iStock
2/14
Auto and Ancillaries
Sona BLW, Hero MotoCorp
Agencies
Birla Corp, Ramco Cements
Agencies
NC Infra, Ashoka Buildcon
ETMarkets.com
SBI, Axis Bank, Poonawalla Fincorp, Cholamandalam Investment (CHOLAFIN)
iStock
Siemens, Cummins
ETMarkets.com
Lemon Tree, Indian Hotels, RateGain Tech
ETMarkets.com
Sumitomo, Bayercrop
ETMarkets.com
9/14
Manufacturing activity eases to a three-month low of 57.5 in May
