IT companies are focusing on margin expansion till growth comes back and moderation of attrition will aid the same.
IT & Pharma are long-term portfolio plays. IT space has shown resilience across time frames and is a clear beneficiary of increasing corporate spending on digitalisation and cloud infrastructure. India is well-equipped to be the pharma hub of the world, says Pandey.
Given the sharp up move in the large caps, we expect broader market participation to begin from here on. We expect small-caps and mid-caps to be the area of focus till Diwali 2021.
We strongly advise investors to continue with their SIPs in equity fund. In fact as a long term investors, SIP works best as a person can accumulate more at lower prices
The upcoming results of state elections in December and general elections in 2019 will give enough entry points for investors as markets are likely to remain volatile, suggest experts
In the last five years, whenever interest in the keyword 'multibagger' has hit a peak, indicating rising euphoria around equities, markets tend to correct.
Equities remain one of the attractive destinations with better growth outlook than its major competing asset classes such as fixed income, real estate, gold etc.
Pankaj Pandey of ICICIdirect likes Sagar Cement with a price target of Rs 975 and Syngene with a target price of Rs 570.
Pankaj Pandey, Head-Research at ICICIdirect likes VST Industries and sees 20 percent upside with a target price of Rs 2437.
Pankaj Pandey, Head-Research at ICICIdirect likes Century Plyboards for target of Rs 255 and expects the growth momentum to continue.
Pankaj Pandey, Head-Research at ICICIdirect prefers JK Cement from the cement space with a target of Rs 855 and expects topline growth to be 12.5 percent.
Pankaj Pandey, Head of Research at ICICIdirect is of the view that State Bank of India can test Rs 374.
Pankaj Pandey, Head of Research at ICICIdirect is of the view that Infosys may test Rs 2400 and has a neutral view on IT space.
Pankaj Pandey, Head of Research at ICICIdirect is of the view that Voltas may test Rs 348.
Pankaj Pandey, Head of Research at ICICIdirect recommends picking Castrol India with a target of Rs 611 but has a neutral view on oil & gas space.
Pankaj Pandey, Head of Research at ICICI Direct, expects a 17-18% percent kind of market returns this year compared to 30 percent last year.
Pankaj Pandey, ICICI Direct feels that SBI can touch Rs 2700.
Moneycontrol.com got Pankaj Pandey, Head Research at ICICIdirect.com to answer the stock queries readers sent us on our Facebook page as part of our KYI (Know Your Investment) initiative.
Pankaj Pandey, ICICI Direct said, he expects the market to see time based correction rather than a price based correction over the next six-nine months.
Moneycontrol.com initiative, Know Your Investment, helps investors to take a prudent call on their investments. This week, Pankaj Pandey, head research desk of ICICIdirect.com, gave his outlook on various stocks that you wanted to know about.
SBI has target of Rs 2700, says Pankaj Pandey, Head Research, ICICI Direct.
HDFC Bank has target of Rs 532, says Pankaj Pandey, Head Research, ICICI Direct.
In an interview to CNBC-TV18, Pankaj Pandey, head research of ICICI Direct said, in the short-term, the Nifty will oscillate in the range of 5,300 to 5,700. He is bullish on IT, pharma and banking.
Pankaj Pandey, Head of Research, ICICI Direct is positive on TCS, HCL Tech and Infosys.
Even though valuations are attractive, Pankaj Pandey, Head of Research, ICICI Direct advices investors to stick to those sectors that provide both value as well as growth.