NIFTY  9,595.10  0.90%
  SENSEX  31,028.20  0.90%
 CURRENCY  Rs  64.45/$ 72.07/€, 82.52/£
  GOLD  28,884.00  0.78%
  SILVER  40,130.00  0.82%
  DAX  12,602.20  -0.15%
  FTSE  7,547.63  0.40%
  CAC  5,336.64  -0.01%
  HANG SENG  25,639.30  0.03%
  NIKKEI  19,686.80  -0.64%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,080.30  -0.01%
  NASDAQ  6,210.19  0.08%
  S&P 500  2,415.82  0.03%
FROM REUTERS : Pepsico In Bid To Acquire Vita Coco Owner: Sources I.T. MINISTER : To Meet I.T. Cos CEOs In First Week Of June: Reports : To Discuss Job Losses Issue With I.T. Cos CEOs NEWSFLASH : Bill Seeking H1B Limits Exemption For Foreigners With U.S. PhD Introduced ARCELORMITTAL : Wins Bid To Buy Italy's Ilva Steel Plant For Approx $2.24 bn: Reuters ARCELORMITTAL : Wins Bid Along With Steel Processor Marcegaglia: Reuters

ICICI Prudential AMC Sectoral Calls

Video:

Play this video

October 1: We’re getting increasingly constructive on banks, says S. Naren of ICICI Prudential AMC. The near-term prospects are average, but if growth returns, banks will benefit the most, he says. IT is an outperformer but large-cap stocks are not cheap, they’re priced for growth, he says, adding that ICICI focuses on mid-cap stocks. “We like pharma but have to be careful as we don’t see big upsides here. Meanwhile, FMCG stocks continue to do well but are expensive,” he adds.