The note mentions Jewellery, Retail, Hotels and Automotive sectors to benefit from this year's marriage season. Assigning equal weight to the five names, Motilal Oswal Wealth says these stocks could see an upside of 10-15% over 3-6 months.
Watch the interview of Rajesh Khosla, MD, MMTC-PAMP with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on gold and the effect of demonetisation on sale of gold during this marriage season.
Speaking to CNBC-TV18, Rajiv Bajaj, managing director, Bajaj Auto says the Q2 is known as the most difficult quarter because it comes in between the marriage season in the first quarter and the festive season in the third quarter.
Both silver and gold set new records on the bullion market today on hectic buying by stockists for the upcoming marriage season amid firm global cues.