WealthDesk Launches Year-End Bulletin On Investment Trends For 2023

WealthDesk Launches Year-End Bulletin On Investment Trends For 2023

WealthDesk Launches Year-End Bulletin On Investment Trends For 2023

Wealthdesk

The WealthDesk Year-end Bulletin, a report on investing trends for 2023, was released by WealthDesk, an investment technology platform, and it gives an overview of how India invested in 2022. The bulletin gives a review of the important sector performances, market-moving events, and top-performing WealthBaskets that retail investors choose in 2022. The bulletin also offers a sneak glance at the investing predictions made by WealthBasket Curators for 2023.

The bulletin, which offers a comprehensive look at the Digital India theme, emphasizes that since 2017, the nation has made considerable strides in becoming more digitally friendly. By FY25, the government wants the digital economy to contribute 20% of GDP. A highly optimistic prediction for the government and industry is a $1 trillion GDP from the digital economy by 2025–2026 as the nation moves closer to the $5 trillion milestone for GDP. If this is accomplished, the nation might see exponential growth, creating several opportunities for wealth creation that an investor can look forward to pursuing.

According to the year-end bulletin ITC Ltd., ICICI Bank, Coal India, Sun Pharmaceutical Industries, and State Bank of India were the most popular stocks amongst the WealthBasket Curators.

Besides providing investment ideas for 2023, WealthBulletin also has opinions by WealthBasket Curators on important topics such as – Value Investing vs Value Factor, the Importance of Quantitative Approach, and ESG Investing amongst others.

Leave a Reply

Your email address will not be published. Required fields are marked *