IT, pharma sector may outperform, says Tiwari

IT and pharma sector may outperform, says Dhirendra Tiwari, Head of Research, Antique Institutional Equities.

Tiwari told CNBC-TV18, “Best case will be to look at individual stocks because there is lot of divergent trends emerging within each and every sector. If one has to look at sectors, I would say private sector banks, NBFCs, few auto companies, possibly oil refineries- select few of them. A few consumer facing sectors, like media, liquor etc.”
He further added, “These are the one which we prefer at this point in time which have a higher degree of probability of giving upside in the near term. Our approach is also sectors like IT and pharma which is more like best sectors to outperform in case of the uncertainties around the market, they can also do well in next couple of quarters. These are the ones where we would be betting on for the first half of this calendar year.”