One can play selectively in IT stocks post correction as a rupee depreciation will benefit them; companies with lower exposure to Europe will be the preferred play as the Euro has depreciated, says Tiwari. One can play selectively in IT post correction as INR depreciation will also benefit it. Companies having lower exposure to Europe will be preferred play as Euro has depreciated.
We are positive on the credit growth prospects in the medium term as we see a reasonable chance of a private sector capex cycle over the next two to three years.
"Investors need to stay with quality stocks, especially ones with stable cash flow and unleveraged balance sheet. The continuous correction in market will see a sell-off of speculative stocks that have weak fundamentals and the damage there will be irreparable." "Investors need to stay with quality stocks, especially ones with stable cash flow and unleveraged balance sheet. The continuous correction in market will see a sell-off of speculative stocks that have weak fundamentals and the damage there will be irreparable."
Holland says the global markets may see a further fall of 5-10 percent, as the narrative has changed from #39;buy on dips’ to ‘sell on rise’ Holland says the global markets may see a further fall of 5-10 percent, as the narrative has changed from #39;buy on dips’ to ‘sell on rise’ Holland says the global markets may see a further fall of 5-10 percent, as the narrative has changed from #39;buy on dips’ to ‘sell on rise’
For auto sector, order books are huge due to pent up demand and also due to supply constraints. Complete opening up of service sector and demand for personal mobility will keep the sector demand healthy. For auto sector, order books are huge due to pent up demand and also due to supply constraints. Complete opening up of service sector and demand for personal mobility will keep the sector demand healthy.