Monday, October 20, 2008

Top 5 Sectorial Picks for long term

Pharma Sector

Cadila, Piramal Healthcare 

It is a play on the huge available opportunities in the contract research and manufacturing services space and on account of the blockbuster drugs going off-patent over the next few years.

FMCG Sector

Colgate, Godrej Consumers, GSK Consumers 

The growth momentum is expected to continue on the back of rising incomes and higher consumer spending.






Telecom Sector

Bharti Airtel, Reliance Communications 

There remains tremendous potential for mobile companies to increase tele-density. Thus, performance by telecom companies is likely to remain strong.







Banking Sector



HDFC Bank, Axis Bank, ICICI Bank 

The long-term prospects remain strong (underpinned by strong GDP growth of 7-8% and increasing credit penetration), especially for large private banks that continue to gain market share, have strong core profitability and are available at attractive valuations.

Media


Balaji Telefilms, PVR 

For similar reasons and greator discretionary spending going forward, it is a good domestic story to bank upon.


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