Festive Season Stock Picks: Realty, Hotels, Consumer Durables & Private Banks To Watch

As India enters the festive and wedding season, several sectors could see stronger demand in the second half of the fiscal year. Pankaj Pandey, Head of Research, ICICI Direct, highlights consumer durables, real estate, hotels and private sector banks as key areas to watch. Consumer discretionary spending could benefit companies such as LG Electronics and Godrej Consumer. In real estate, Phoenix Mills and Oberoi Realty could gain from improving launches and collections. Hotels, including Indian Hotels, may benefit from increased travel and wedding demand. Private banks could also see improved performance as credit growth picks up and margin pressure eases.