The dark horse bet for 2019 would be sugar sector. The policy change to allow sugar mills to produce Ethanol directly without going through the traditional route of producing sugar is a “game-changer”.
After introduction of DDT and MAT, there has been a substantial tax incidence on Indian investment companies.
Some of the holding companies have been buzzing off-late. In an interview with CNBC-TV18, Basant Maheshwari, investor and founder, TheEquityDesk.com said, he would suggest buying those holding companies whose subsidiaries are not listed.