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#719 Daily Money Show | Money Purse Stock Market News
Original: # 719 Daily Money Show | Money Purse Stock Market News
Takeaway
Motilal Oswal 2024 outlook bullish on BFSI/Industrials/Auto with named picks; investors must also beware fake-medicine scams via branded pharmacies.
Summary
- Sensex +31 to 72,271; Nifty +10 to 21,741 — New Year 2024 opening with mild gains.
- Motilal Oswal 2024 outlook: bullish on India vs global; FII/DII inflows and retail participation strong; bullish sectors are BFSI, Industrials, Real Estate, Auto, Consumer Discretionary.
- Motilal Oswal large-cap picks: Coal India, ITC, SBI, L&T, HCL Tech, Titan, UltraTech Cement, M&M; midcap picks: Ashok Leyland, Godrej Properties, Angel One, Metro Brands, Global Health, PNB Housing, Kirloskar Oil, Lemon Tree.
- Key 2024 risks: Red Sea/crude oil price spike, geopolitical tensions, and Indian general election outcome.
- Telangana DCA seized Rs 26 lakh of fake antibiotics, hypertension and cholesterol meds in Hyderabad — including counterfeit Sun Pharma/Torrent/Aristo branded products; buy from branded stores only.
2024-outlookMotilal-Oswalfake-medicine
Original description
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