scorecardresearchIIFL lists top 5 picks for 2023 with 20% upside

IIFL lists top 5 picks for 2023 with 20% upside

Updated: 03 Jan 2023, 10:59 AM IST
TL;DR.
After a turbulent 2022, this new year 2023 is also like to remain volatile, especially in the first half. High inflation, rising ineterst rates, concerns regarding GDP growth, etc., will keep the markets on its toes. amid this backdrop and considering rich valuations in general, brokerage house IIFL Securities favour a defensive stance and domestic growth stories, with its top picks coming from Banks, FMCG, Auto and Insurance. Let's take a look at its stock list for the upcoming year: