scorecardresearchFrom ITC to Titan, 8 blue chip stocks Motilal Oswal advises buying in 2023

From ITC to Titan, 8 blue chip stocks Motilal Oswal advises buying in 2023

Updated: 26 Dec 2022, 06:03 PM IST
TL;DR.

Despite a roller coaster ride, Nifty gained 4% (as of 22nd December) for the year as compared to a 10-20% fall in most of the global indices. In fact, it touched a fresh lifetime high of 18,888 in November. As we step into 2023, the global factors like recessionary fears, geo-political risks and rising Covid cases in China could keep the equity markets volatile. Amid this backdrop, Motilal Oswal expects two themes to play out in CY23 - credit growth and capex and thus sectors like BFSI, capital goods, infrastructure, cement, housing, defence, railways could be in focus. It has listed 8 blue chip stocks to pick for the upcoming year. Let's take a look: