Why Pankaj Pandey thinks capital goods and OMCs are best bets now

Despite the high cost of capital goods and the performance of the real estate market, which is greatly impacted by interest rate changes, the Head of Research at ICICI Direct recommends companies such as ABB and Siemens as attractive investments. Meanwhile, the Brigade Enterprises is a top pick in the real estate sector due to its strong residential space performance and the low leverage on the residential side. OMCs such as HPCL, BPCL or IOC are also recommended bets given the decline in crude oil prices, provided marketing revenues continue to hold up.