2023 is going to be all about adjusting sail – year for bottom-up stock picking

The main monitorable on that front would be the Fed pivot. Covid19 which was a part of almost all conversations in the early part of last year, is again being talked about as reviving, but hopefully doesn’t look that ominous and hence unlikely to cause serious havoc. From an India standpoint, 2023 would also be the year where we could witness few long stuck structural reforms as it’s the last year before the big 2024 General Elections. The Make in India and Atmanirbhar campaigns could see a further push.