Cyclicals

Sridhar Sivaram of Enam Holdings sees positive impact from interest rate transmission on earnings. He likes infrastructure, construction and capital goods and believes that the market will continue to climb wall of worry

Be cautious on mkt, invest only in growth stories: Dipan Mehta

One should not expect new highs for the market during Diwali time; instead investors need to brace themselves for more correction and volatility, says Dipan Mehta, Member BSE & NSE.

Financials, consumer discretionary may drive mkt: James Sullivan

Going forward, financials, consumer discretionary and cyclicals are likely to lead the market rally, aided by positive economic growth, said James Sullivan, Head of Equity Research Asia ex Japan, JPMorgan.

Market's character changing, hold cyclicals: Morgan Stanley

It may be a good strategy to hold on to stocks of cyclicals and growth companies, and keep portfolio turnover low, Desai says.

Equities look good from three-year perspective: ICICI Pru

It is a good time for long-term investors but a very confusing one for short-term traders is the word coming in from S Naren CIO, ICICI Prudential AMC.

Mkt presenting buying opportunity; likes cyclicals: UTI MF

Metals too are globally driven and with China too moving from investment led economy to consumer driven, there is need to have a cautious approach there, says Swati Kulkarni of UTI MF.

Midcaps to stay attractive; positive on cyclicals: Expert

According to independent market expert Ratnesh Kumar, the current consolidation is because the earnings are not justifying valuations. He sees another 5-10 percent downside but remains constructive on market and believes in India story.

Bullish India; mkts discounting 12-20% earnings growth: MS

Jonathan Garner, managing director at Morgan Stanley believes that the market is discounting 12-20 percent earnings growth over the next 12-24 months.

See Nifty in 8-9k range; capital flight on $ gain: IL&FS

Vibhav Kapoor of IL&FS says the Indian market will start to look attractive once again in the 8000-8300 range. He believes Nifty can trade in the 8000-9000 range over the next few months.

Up weightage to FMCG, pharma; like TVS, City Union: Ambit

Mukherjea says he has trimmed exposure to some of the large cap cyclicals because prices have run up quite a bit.

Govt paper a near term headwind; like cyclicals: ICICI Pru

Gunwani sees improving macro-economic environment as a major trigger for earnings growth.

Earnings key to market gains even if macro improves: Vetri

Vetri feels there is likely to be a further expansion in price to earning (PE) multiple, and market performance will be related to earnings growth

See marginal earnings downgrades; bullish financials: IL&FS

Kapoor feels the investment cycle could take longer to pick up, also because of the government cutting down on expenditure to meet its fiscal deficit target

Deutsche sees record pre-Budget rally, Sensex at 33K by Dec

Deutsche Bank continues to see pick up in domestic flows and a 15-16 percent earnings growth this year for India.

Eye 20% returns from India in '15; Budget no big event: JPM

Among sectors, Mowat is bullish on financials and two-wheeler companies in 2015. He also likes cyclicals such as materials and autos. He, however, is underweight on defensives at this point in time.

2015 to be another good yr for mkt; like cyclicals: Antique

Dhirendra Tiwari also expects good opportunities in sectors like banks, capital goods and automobiles in 2015.

Market now a macro trade; buy cyclicals, shun beta: Morgan

High beta stocks did well in December, indicating that the market may be slowing getting convinced about a turnaround in the economy, Morgan Stanley said in a note to clients

'Nifty to hit 8750 soon; advise 60% exposure in cyclicals'

“If a rate cut is not announced on December 2nd, then the market could see a mild negative reaction,” Vibhav Kapoor of IL&FS said.

Prefer buying GILTs over index for next 12-months: Experts

Anand Tandon says, one should look at stocks where there is still value. "If one looks at market as a whole there are still sectors available that are reasonably cheap like IT which has been ignored because growth rate is presumed to be slower than other cyclicals," he adds.

JP Morgan bullish cyclicals, financial; sees 6% GDP growth

In its latest report, the research firm has said the new government‘s initial policy measures have been encouraging. It views focus on fiscal consolidation, ease of doing business and diesel price deregulation as significant medium-term positives.

This is a buy & hold market for 12-15 months: Vibhav Kapoor

Kapoor said the market was right now banking on hope and trying to discount FY16 numbers instead of FY15 numbers, be it macro or corporate earnings.

Cyclicals & infra to lead next leg of rally: KR Choksey

Deven Choksey, managing director, KR Choksey Shares and Securities expects teh rally to continue until FY15-end.

To maintain 25-30% margin; bullish on pharma, IT: Edelweiss

Rashesh Shah also expects private banks and manufacturing companies to come back into the portfolio.

Buy domestic eco-oriented cyclicals: StanChart Sec

According to Dhiraj Agarwal, the current trend in the market is more stock-specific rather than being sector-specific

Cyclicals to lead next mkt rally; avoid midcaps now: Baliga

Market expert Ambareesh Baliga remains positive on cyclicals and expects them to become more attractive post any market correction.