31 May 2023

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OLM Desk
Sector Investing There is no single answer to the best sectors to invest money in, and amid market volatility, it gets more difficult to decide. When the market is jittery and uncertain, 5 Handpicked Sectors For You (May 2023) is a timely story that gave me a perspective on sector investing. The top-down approach in volatile times when external factors have a greater bearing or bottom-up than in other times made me select my favourite sectors of the five, the Banking and IT sectors. Although sector investing demands research, knowledge, understanding and utmost caution, no sector is forever good for investment. The High On Credit Growth and Asset Quality section improved my knowledge of the banking system. The recent changes in the taxation on debt mutual funds will help attract more deposits in bank fixed deposits (FDs), and I agree with the positive growth expectation...
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