Friday, February 18, 2011

Stocks In news : Prefer investing in IT, banking, FMCG on decline

IT, banking, FMCG, capital goods and pharma are the sectors which may show rally in coming trading sessions so it is advised if any of these sector face decline in coming trades, one can go for buy in those sectors. Avoid auto sector at this moment because the margin pressure might be going forward from the commodity prices is going to stay on that sector

Also, interest rate rises and all that will keep some kind of ebbing of the demand on the product thing for this sector. So, possibly the sectors like banking, IT, FMCG, pharma, these are the sectors I think at dips one could buy.