Sat, Dec 21, 2024 1:05 PM
Hospitality Sector poised for 21% upside amid robust demand trends
A Flip by Avya Verma
The expectations of rise in the senior citizens provides a opportunity for the National Pension System (NPS) to become cornerstone of India's pension system, said mamaging director and chief executive officer of Life Insurance Corporation of India. Mohanty said that the expected rise in senior citizens in the country provides a challenge as well opportunity for the NPS.
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Market veterans & several fund managers of some of India’s top fund houses believe Indian stock market remains well-positioned to grow despite global challenges & risks arising from sticky inflation and elevated interest rates. The veterans and fund managers remain bullish on the Indian stock market, citing its potential for growth with sectors like IT, banks, FMCG, and infra poised for recovery.
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Motilal Oswal Financial Services sees consolidation in the first six months while a recovery in the next. The brokerage remains upbeat on the prospects of these 10 stocks viz. ICICI Bank, HCL Technologies, Larsen & Toubro (L&T), Zomato, Nippon Life India Asset Management, Mankind Pharma, Lemon Tree, Polycab, Macrotech Developers, Syrma SGS — calling them as top bets of next year.
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