The Indian market has been resilient in the last couple of sessions. Although Piyush Garg of ICICI Securities believes that the global markets, especially India, are cheap, but, he says, Europe will determine the future course. He is betting on sectors like banking, auto, while he is advising to avoid power sector.
Piyush Garg, ICICI Securities in an interview to CNBC-TV18 senses ominous indications coming from various markets across the globe.
In an interview to CNBC-TV18, Piyush Garg of ICICI Securities said, from a medium-term to long-term perspective, markets are looking attractive. However, he said, the risks on the horizon are pretty large.
In an interview with CNBC-TV18, Piyush Garg, Chief Investment Officer at ICICI Securities Ltd gave his outlook on markets, performance of Bharti Airtel, followed by the road ahead for midcap stocks.
Piyush Garg, chief investment officer, ICICI Securities said that the market movement ahead would depend entirely on how the results pan out and the kind of guidance corporates give for the entire fiscal year.
In an interview with CNBC-TV18, Piyush Garg, Chief Investment Officer, ICICI Securities Ltd says, about 15-17% earning per share (EPS) growth rate for Sensex companies or Nifty companies would be possible in FY12.
In an interview with CNBC-TV18, Piyush Garg, Chief Investment Officer at ICICI Securities gave his readings and outlook for the market.
In an interview with CNBC-TV18, Piyush Garg, CIO of ICICI Securities, spoke about his reading of the market and the road ahead.
Buy infrastructure stocks on dips with a long term perspective, says Piyush Garg, Chief Investment Officer, ICICI Securities.
Piyush Garg, ICICI Securities is of the views that one can invest in banking, IT, FMCG and pharma stocks on decline.
Piyush Garg, ICICI Securities views on ADAG stocks.
Piyush Garg, ICICI Securities says, the market will tend to face a lot of resistance between this 5,630 to 5,750 range.
Piyush Garg of ICICI Securities says that if Nifty crosses 5750 levels on a closing basis the positive momentum will start in the markets. "The positive momentum on the market will tend to build up if the markets give two to three closes above 5750 levels regularly for two to three days."
FMCG is a defensive sector, says Piyush Garg, ICICI Securities.