Moneycontrol PRO
HomeNewsBusinessMarketsVedanta, Bharti, IRB, Escorts, ITC top ideas: PhillipCapital

Vedanta, Bharti, IRB, Escorts, ITC top ideas: PhillipCapital

Top 10 ideas are Vedanta, Tata Steel, Bharti Airtel, IRB Infrastructure, HCC, ITC, Zee Entertainment, Titan Company, Escorts and VA Tech Wabag, Kulkarni says.

March 07, 2017 / 08:58 IST

Naveen Kulkarni of Phillip Capital says the Nifty has now rallied 9.4 percent in 2017 so far and trades at 17x one-year forward PE.

He recommends being overweight on media, telecom, metals & mining, financials and cement stocks.

He is underweight on autos, IT, pharma, capital goods and oil & gas stocks.

Top 10 ideas are Vedanta, Tata Steel, Bharti Airtel, IRB Infrastructure, HCC, ITC, Zee Entertainment, Titan Company, Escorts and VA Tech Wabag, Kulkarni says.

first published: Mar 7, 2017 08:56 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347