Profit

Good time to buy banks, IT stocks

PUBLISHED ON: January 12, 2012 | Duration: 25 min, 40 sec

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Sharmila Joshi, Head-Equity at Fairwealth Securities and Sethuram Iyer, CIO of Daiwa Mutual Fund discussed the market performance. Sharmila Joshi said that the markets are likely to go only up to 4,900-4,950 levels in the short term while Sethuram Iyer feels market’s upper levels it will depend on the earnings report. They also spoke on Infosys's Q3 results and guidance, IT sector performance, November IIP data and banking stocks.
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