scorecardresearchFY23 Outlook: From Auto to IT, here's how sectors are likely to perform in FY23

FY23 Outlook: From Auto to IT, here's how sectors are likely to perform in FY23

Updated: 07 Apr 2022, 02:06 PM IST
TL;DR.

Financial Year 2021-2022 (FY22) has been an eventful year for the equity markets and various other asset classes. Nifty50 Index delivered a decent 19 percent return in FY22 on the back of easy monetary policy and a strong recovery in corporate earnings. In a recent note, Kotak Securities said that if Russia and Ukraine war comes to an end, oil prices will cool off and the same will be positive for India, on the flip side, the oil price will shoot up bringing in more volatility in the markets. Let's take a look at how the brokerage expects sectors to perform in FY23: