There will be many surprises this fortnight. There will be growth and good interest from FIIs. There may be some profit booking too. Small time investors need to be careful. Still, there may not be any severe setbacks till the end of this month. There will be growth in IT stocks, Mass Media, Communication, Public sector units, Petroleum and Metals. Banking sector may take a beating. Infrastructure may be unpredictable while FMCG stocks will do well.
from www.astropundit.com
Sector wise performance
Information and Technology
There will be an upward trend. Retail investors will have to be cautious and restrict their exposure.
Telecom
Though there will fluctuations, there will be growth too.
Entertainment and Mass Media
There will be some growth, but it will be speculative.
Cement and Steel
This sector will perform moderately with reasonable gains.
from www.astropundit.com
Banking and Finance
This sector will be disappointing. Still, this may not be the best time to sell these stocks, either.
Textiles
There will be growth but with fluctuations.
Automobiles
This sector will turn out to be dependable with reasonable growth.
Petroleum
There will be consistent upward trend.
Chemicals & Pharma
This will perform uniformly well depending upon the company’s performance.
from www.astropundit.com
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