To invest in the stock market for a long time, those sectors should be caught, whose demand never decreases or those sectors which can be in demand in the coming time.
Which industry/sector stocks should one buy to get higher returns in the next decade (2022-2025)?
Some sectors:- 1) FMCG sector There will be demand for all types of sectors like- itc, micro, nestle Dabur, etc. These companies do more food business, this company makes more food items, in it the main business of itc is a cigarette. This company knows that the government can make strict laws on cigarettes, so it started its focus on FMCG and does hotel and other business with it.
Personal Care:- This is the second major sector of FMCG, in which companies like HUL work.
2) Insurance and finance: – There is a good prospect in both of these, in which there is a demand for the coming 15 to 20 years in insurance, now in India, people get insurance for the vehicle because the government has compulsory people about themselves. Bars are done, so there will be demand for this.
3) AMC – This is a new sector, its demand has already reached, so it will increase in the coming time.
4) Agriculture: – India is an agricultural country, the government is focusing more on this sector, so the stock related to it will see a lot of momentum in the coming time.
Thus the bank sector is the main one which is always booming.