Tuesday, March 1, 2011

What experts says?

Saurabh Mukherjea, equities head, Ambit Capital,
“There wasn’t much in the Budget for us to change our view that there could be another 10-15 % correction in the Sensex over the next three months,”stocks of companies in consumer goods and durables, tobacco and paint sectors, which are less likely to be impacted by rising prices and would benefit from the government’s rural spending." My preferred stock picks are in media and entertainment, power generation and distribution and construction sectors".
Nandkumar Surti, chief investment officer , JP Morgan Asset Management India,
equities would continue to be exposed to external challenges such as the US growth and rising oil prices.
Kehair,Wealth manager, ICICI Securities,Most wealth and fund managers recommend locking money in shortterm mutual fund debt products, such as fixed maturity plans, to benefit from higher interest rates. “Investors can park lumpsum money in fixed income schemes of shorter tenure and avoid long-term bonds. But, if oil prices fall, long-term bonds may appear attractive,  

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