With both structural and cyclical advantages aligning in their favour, experts believe Indian IT companies present a strong opportunity for investors seeking to capitalise on the Trump trade.
Although experts are cautious in their predictions for the future owing to deceleration in the IT sector owing to global uncertainties, you may consider Cyient, PSYS for your portfolio
The past year has not been good for the Information Technology (IT) sector due to the fall in the US technology sector. But many mid-cap and small-cap IT stocks are now available at reasonable valuations after corrections. That has given an opportunity to fund managers to buy some of these stocks on the cheap.
Despite a sharp fall in 2022, midcap IT stocks are still trading at a significant premium to historic valuations
IT companies have started announcing their results and their earnings forecast is expected to improve with the falling rupee against the USD. Here are the MF hot picks from midcap and smallcap IT sector
Revenue growth is set to rebound in FY22, helped by strong order inflows and improvement in troubled business verticals
I won‘t be surprised to see pharma as the story for July series and won‘t be surprised in seeing a big upsurge in all big pharma, said SP Tulsian.
Sharmila Joshi of sharmilajoshi.com is of the view that one may exit Oil and Natural Gas Corporation.
PN Vijay, Portfolio Manager, www.askpnvijay.com feels improvement seen in India's macros has to be backed by good earnings from corporate India for the Nifty to breach above 6,000 levels.
Sudarshan Sukhani of s2analytics.com and PN Vijay of askpnvijay.com explain to CNBC-TV18 that midcap IT stocks have begin to show life and that the October series is full of promise
Stock-analyst SP Tulsian of sptulsia.com explains to CNBC-TV18 that midcap IT stocks Geomatric, Polaris and Hexaware are good bets for investors. Tulsian is also positive on Amara Raja, SKS Micro, United Spirits and Kingfisher Airlines.
Midcap IT stocks to give best returns, says Dipan Mehta, Member- BSE/ NSE.