16 stocks where good monsoons may lead to maximum positive impact this quarter

In another few weeks, the monsoon season for 2024 will be over. This year, the monsoons have been good, largely in the line of forecast which was made. There are two parts of the monsoon, first the spending which is done in the monsoon season and the second part the spending which is done after the monsoon season is over from the money which is earned due a good harvest. There are select sectors which have strong correlation with spending done in the midst of the monsoon season. We take a look at stocks where sales get impacted from higher spending done in the monsoon season. Now why look at these stocks at this point of time. Given the fact that there is too much liquidity which is prevailing in markets, a small hint that the performance of the company is going to be good, stock tends to gain very sharply. So, in bullish markets, before you see in headlines or a company management say “ positive impact of monsoon” it better to be ready.