Just 5 stocks driving 82% of incremental growth in Nifty this quarter: Gautam Duggad
Despite overall decent growth, corporate earnings will be largely driven by a few sectors and stocks. Financials make up 70% of the 90% incremental growth in this quarter, while autos contribute the rest. Consumer and IT stocks are expected to see tepid growth, while pharma is expected to make a comeback with a 9-10% growth rate, although this is also a six quarter high. Duggad is positive on real estate due as well.
