Business News: Expert Recommended Investment Strategy in India’s Three Major Sectors

Business News: Three key areas dominate India’s economic trajectory: finance, real estate, and consumer staples. In the banking industry, HSBC has identified obstacles for microfinance institutions, including weak total asset under management (AUM) growth. However, bank-owned microfinance institutions are better positioned in this circumstance. While credit card spending increased in October 2024, new credit cards were issued at a 54% lower rate than the previous year. Despite this, the SBI Card showed considerable durability and improved performance.

High Demand in These Sectors

The real estate sector had spectacular growth, with residential sales in October reaching a six-month high due to robust festive demand, according to global brokerage Jefferies. Pre-sales growth in FY25 is expected to exceed 25%, and Jefferies’ top picks include Godrej Properties, Macrotech, and DLF. Conversely, the consumer staples industry had slower revenue growth and margin pressures in the second quarter, hurting significant businesses such as Hindustan Unilever and Dabur. Despite the obstacles, Jefferies recommends Colgate, Marico, and Godrej Consumer Products as top investments in this category.