Published on Fri, Mar 12, 2010 at 08:45 | Source : CNBC-TV18
Updated at Fri, Mar 12, 2010 at 08:47
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Retain Sensex target at 21000: BNP Paribas
We retain our Sensex target of 21,000 post the recent earnings revision. We forecast 31% Sensex EPS growth for FY11 and 15% for FY12, says Manishi Raychaudhuri of BNP Paribas Securities.
Here is expert equity call for the day on how the markets are expected to trade:
Manishi Raychaudhuri, BNP Paribas Securities: We retain our Sensex target of 21,000 post the recent earnings revision. We forecast 31% Sensex EPS growth for FY11 and 15% for FY12. We are overweight on banks, autos, infra, IT utilities and pharma and neutral on real estate. Our top picks include Axis Bank, Dr Reddy's, M&M, IRB Infra and TCS.
