Dear all,
2014 has been a very rewarding for indian equities, however i believe that more gains are to be made in 2015, however one should choose the sectors wisely, one may not expect the index to do that well, however few sectors will benefit, and will outperform.
The sectors are as follows:
* Information technology
* Pharma
* Chemicals
* FMCG
* PSU Banks
Reasons for outperformance: IT to do well, because of reasonable valuations, one should pick good companies with steady growth, like Eclerx, KPIT tech, HCL tech, & NIIT tech from current levels, expect about 30-35% returns from them next year.
Pharma to outperform because of steady growth, and many drugs going off patent in the US, like Sun Pharma, Cadila & Dr Reddy's for next year, one can expect them to give a return of 25%+ in 2015.
Chemicals Space is interesting as the sector will benefit from lower commodity prices, like Akzo nobel in paints, Rallis & UPL from insecticides sector from the current levels.
Like FMCG for assured growth, despite of the sector being richly valued, like Godrej Consumer, and Jyothy labs, latter being the top pick in the space because of attractive valuations.
PSU Banks will outperform the private peers because of easing interest rates, and their cheap valuations. Syndicate, OBC, Canara & BoB are the top picks in the PSU bank space.
2014 has been a very rewarding for indian equities, however i believe that more gains are to be made in 2015, however one should choose the sectors wisely, one may not expect the index to do that well, however few sectors will benefit, and will outperform.
The sectors are as follows:
* Information technology
* Pharma
* Chemicals
* FMCG
* PSU Banks
Reasons for outperformance: IT to do well, because of reasonable valuations, one should pick good companies with steady growth, like Eclerx, KPIT tech, HCL tech, & NIIT tech from current levels, expect about 30-35% returns from them next year.
Pharma to outperform because of steady growth, and many drugs going off patent in the US, like Sun Pharma, Cadila & Dr Reddy's for next year, one can expect them to give a return of 25%+ in 2015.
Chemicals Space is interesting as the sector will benefit from lower commodity prices, like Akzo nobel in paints, Rallis & UPL from insecticides sector from the current levels.
Like FMCG for assured growth, despite of the sector being richly valued, like Godrej Consumer, and Jyothy labs, latter being the top pick in the space because of attractive valuations.
PSU Banks will outperform the private peers because of easing interest rates, and their cheap valuations. Syndicate, OBC, Canara & BoB are the top picks in the PSU bank space.
