Invest in 6 sectors that have come out of hibernation & deserve fresh money: Gautam Shah

economictimes.indiatimes.com:

Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research, says “metals have started to look quite interesting. Nalco is a very high conviction idea for us for the whole of 2024 and can deliver supernormal returns. Steel Authority of India, Tata Steel, JSW Steel may beat the Nifty returns for sure for the next two to three quarters. Auto ancillary, I think, is a very interesting space as is fertilisers. Paper stocks and that entire unlocked theme of airlines, hotels. Other unlocked theme stocks like Sapphire Foods, Devyani International have very good fundamentals and have not done as well as some of the other themes. They should do quite well.”

Want to take exposure to a sector which grows much faster than GDP

Before the index, I want to talk about what is happening within the Nifty Bank because that is dictating how the index has been moving of late. So, A) Is the poison out of the system for HDFC Bank? It does not seem to be the case, because right now the stock is lower by another half a percent; and B) Can ICICI Bank take leadership on the Nifty Bank?
Gautam Shah The Bank Nifty does not feel like an index. The problem is four stocks constitute 50-60% of the index. If those four stocks do well, the Bank Nifty does well and if those four stocks come under pressure, obviously the Bank Nifty comes under sizable pressure. And we saw that in the recent past given what happened to HDFC Bank.

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But to be honest, for the last two-and-a-half years the stock has been