Stories
Top Sectors to Watch: Consumer Discretionary, Mid-Sized Banks and Telecom Lead Market Outlook
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CNBC TV18•06-10-2026, 14:25
Top Sectors to Watch: Consumer Discretionary, Mid-Sized Banks and Telecom Lead Market Outlook
- •Rakesh Vyas of Quest Investment Managers prefers consumer discretionary, select mid-sized banks, and telecom for the upcoming market phase due to healthy earnings growth expectations.
- •Consumer discretionary firms like Trent and Vishal Mega Mart show stronger growth visibility and sustained demand compared to staples.
- •Select mid-sized banks are poised to benefit from robust credit growth, FCNR deposit inflows, and potential interest rate hikes.
- •Telecom operators are expected to implement tariff hikes in the next three to six months, driving improvements in sector profitability.
- •Bharti Airtel remains a favored pick in the telecom space, while Reliance Industries is viewed as attractive ahead of a potential Jio Platforms IPO.
Key Questions Answered
Rakesh Vyas prefers consumer discretionary because companies in this sector offer better growth visibility and benefit from stronger underlying demand, whereas the pricing-led improvement seen in staples is likely to be temporary.
Select mid-sized banks could benefit from stronger credit growth, above-average credit growth, and strong FCNR deposit inflows that allow them to grow lending faster than the broader banking system.
Rakesh Vyas expects telecom operators to implement tariff hikes over the next three to six months as they focus on improving their profitability amid healthy subscriber additions.
