Move over PSUs, defensive bets can be the next big story under Modi 3.0 – The Economic Times

In the era of Modi 3.0, defensive bets are emerging as the new big story, overshadowing the dominance of PSUs. The Economic Times reports that these defensive bets are gaining traction as investors seek stability and security in uncertain times.

Under the leadership of Prime Minister Narendra Modi, the focus is shifting towards defensive stocks that offer resilience and protection against market volatility. This shift comes as a response to the changing economic landscape and the need for safe investments in the current scenario.

While PSUs have traditionally been considered safe bets, the tide is turning towards defensive sectors such as healthcare, consumer goods, and utilities. These sectors have shown resilience in the face of economic downturns and have proven to be reliable performers even in turbulent times.

Investors are increasingly looking towards these defensive bets as a way to navigate the unpredictable market conditions and protect their investments. With the government’s focus on promoting stability and growth, these sectors are expected to play a crucial role in driving the economy forward in Modi 3.0.

As the economic landscape continues to evolve, it is clear that defensive bets are set to be the next big story under Modi 3.0. Investors would do well to consider these sectors as a way to safeguard their investments and capitalize on the opportunities presented by the changing economic environment.