Where to Invest in 2023

DSIJ research team recommends top 10 picks for 2023 that should outperform the markets

The year 2022 was a unique one where both bears and bulls had their chances. With BSE Sensex threatening to close in negative returns for CY22 after several years of delivering positive returns, investors are adopting a cautious stance on markets for CY23. Yogesh Supekar discusses the outlook for the equity markets for 2023 while the DSIJ research team recommends top 10 picks for 2023 that should outperform the markets 

The BSE Sensex has corrected by almost 5 per cent from its all-time high levels. The valuations are definitely more attractive today than they were at the beginning of December when the market hit all-time highs. However, the new development on the corona virus front is something that has triggered a technical correction in the markets. The Indian markets any which ways was seen outperforming the global peers for too long and a minor adjustment was not surprising for most investors. Optimistic investors and traders believe that post price correction and some time correction the markets would be able to deliver a smart sharp recovery. Meanwhile, cautious investors are preparing for a long consolidation phase in the markets. So what lies ahead for market in 2023?