April 18th, 2011 
Ziaulla Namani People interested in the stock market and the investment news pay attention to this reading.
In the line of the growth of India, corporate and firms catering to the consumer durables and the finance lending sector (read bank) has good potential as compared to the stocks related to technology. The reason for this is the rising consumerisation in India.
The Indian Job markets are improving, the rural lifestyle is on the verge of transformation and the economy is good, health awareness by the media is fuelling growth of India.
Vikram Kotak, chief investment officer with Birla sunlife said,” India’s discretionary consumption is likely to remain good and strong.”
Consumer durables like automobile, Air conditioner, home appliance, etc have good potential for sales and the companies like Maruti suzuki, Voltas, Whirpool, etc are reported to record strong sales growth.
Banking loan grew to 21.4% as compared to the 20% target set by the RBI.
Kotak said, “Inflationary pressure is increasing because of the increase in oil, food and commodities price.”
He further added, “ The key challenge here will be to pass on the higher crude oil price and if that is achieved then the inflation will surge further.” He is positive about the increase in the earnings of the banks.
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