Varun Goel of Karvy Private Wealth explains, in an estimate of the market for 2013, explains that he expects the market to perform better in the New Year than 2012. Goel picks PSU banks and the auto sector as the top outperformers for 2013.
The Indian market has been very volatile over the last few sessions. Varun Goel, Karvy Private Wealth is looking at a 21,500 target for the Sensex by March. "We believe there is still upside in the market. I think the macros are going to improve going forward."
Varun Goel, Karvy Private Wealth is upbeat on private banking.
Varun Goel, Karvy Private Wealth is of the view that one should avoid cement stocks.
According to Varun Goel of Karvy Private Wealth, the future of the rally is dependent on further action by central banks, be it the US Fed, ECB or even the Reserve Bank of India.
Varun Goel of Karvy Private Wealth feels the market strength witnessed in the last couple of weeks has been essentially triggered by global cues.
IT sector may be a market performer from these levels, says Varun Goel, Head - PMS, Karvy Private Wealth.
Varun Goel, Head - PMS, Karvy Private Wealth is positive on auto space.
Varun Goel, Head - PMS, Karvy Private Wealth is cautious on two wheeler segment.
Varun Goel, Head - PMS, Karvy Private Wealth advice traders to stay away from gas space.
Infrastructure sector is looking good, says Varun Goel, Head Equity (PMS), Karvy Private Wealth.
By Varun Goel, Head Equity (PMS), Karvy Private Wealth
Varun Goel, Head - PMS, Karvy Private Wealth is positive on auto space.
PSU banking space looks good, says Varun Goel, Head - PMS, Karvy Private Wealth.
In another range bound session, the Nifty continued to hold well above 5,400. Confidence returned as investors preferred their 'buy-the-dip' mode. Read on for more...
Varun Goel, Head- PMS, Karvy Private Wealth is positive on private sector banks.
In an interview with CNBC-TV18, Varun Goel, Head – PMS of Karvy Private Wealth, spoke about his reading of the current market situation and his outlook.
Varun Goel, Head - PMS, Karvy Private Wealth overweight on IT space.
Varun Goel, Head - PMS, Karvy Private Wealth feels that in this market IT space is definitely a space, which is looking much better from a relative point of view, although the absolute upside might be limited from these levels.
Telecom space may outperform market from these levels, says Varun Goel, Head - PMS, Karvy Private Wealth.
Limited downside seen in metal stocks, says Varun Goel, Head- PMS, Karvy Private Wealth.