The year 2018 was a rollercoaster ride for Indian stock markets. From a high of 38,989.65 points in August 2018, it fell to a low of 33,291.58 in October 2018 as a result of huge correction in the last few months.
There were multiple factors behind the market correction such as US-China trade war, rising crude prices, falling rupee, US-North Korea tensions and state elections to name a few. But even in those difficult times, there were few sectors that outperformed.
As per data available on 31st Dec 2018, the IT sector was a clear winner among all other sectors with 23.17% gains. FMCG and financial services sectors took the 2nd and 3rd position with 13.65% gains and 10.65% respectively.
On the other hand, underperformers list include realty, media and auto sectors.
As we step into the New Year, every investor is curious to know the best stock advice practice for the year 2019. The one question that looms large across the mind of investors is about investments in the sector that would give the best returns. In short, which sectors are likely to outperform in 2019.
With general elections due in 2019, we can expect a lot of ups and downs. So what would be the best stock advice for investing in 2019?
Given the market volatility, the FMCG sector that gave 13.65% gains in 2018, is likely to continue its uptrend because irrespective of the outcome of the elections, trade war or crude prices, the demand for consumer products like soaps, shampoos, detergents or packaged food products are never going to cease.
In fact, due to the changing trends, FMCG companies are finding bigger markets in rural areas. Hence, this sector looks quite promising for the year 2019.
Apart from the FMCG sector, we are also bullish on infrastructure and financial services.
A word of caution related to stock advice though. Even among sectors, there are certain companies which may outperform or underperform. Hence many best stock advisory companies advise to invest in high-quality stocks in a methodical way.
Elections are still four to five months away. But the pre-election jitters are already evident. In such uncertain times, it best to seek stock advice services of best stock advisory companies before investing in equities.
But among a market clouded with thousands of best stock advisory companies, how do you ensure if the company is offering the most suitable and unbiased stock advice services as per your risk appetite and financial objectives?
Here’s a checklist that can help you find the best stock advisory companies:
- Is the stock advisory company SEBI registered?
- What is their past performance?
- Are they able to provide stock advice services even during tough market conditions?
- Is this advisory company following a rigorous research process while shortlisting the investment opportunities and offering stock advice services to you?