A majority of market participants expect private banks to return the best gains in 2019, according to BloombergQuint’s poll.
Financial services stocks, led by ICICI Bank Ltd. and Axis Bank Ltd., are the most preferred bets, according to the poll of 27 respondents.
The market participants advise investors to avoid metals the most. They were, however, divided on software services providers and oil & gas, with an equal number of respondents suggesting the two sectors among top picks and avoids.
Here are their most optimistic and pessimistic predictions for 2019:
What Sectors To Buy
Capital goods are also on the buying list of respondents.
What To Avoid
Sugar and automobiles are among the sectors they advise investors to avoid.
Top Stock Picks
Based to the poll, here are the top stock picks for 2019: