With recovery looking on track, these 5 sectors are likely to outperform in 2021 Neeraj Chadawar of Axis Securities said value plays like Metals, Banks, NBFCs and others have started delivering solid returns. Sunil Shankar Matkar December 30, 2020 / 01:51 PM IST The year 2020 brought with it pandemic COVID-19, which forced economic activities around the globe to be shut for a large part of the year. In India, the government announced a complete shutdown in March and the Unlock process started in late May-June With positive economic recovery outlook for 2021 and increase in government spending, experts feel cyclicals, industrials and consumption sectors could outperform in the year ahead.