US Stock Reports, Quotes and News
Hemang Jani discusses the metal sector\’s potential for a 10-15% move, Vodafone FPO\’s impact on the telecom sector, and the positive outlook on real estate stocks like Macrotech and Oberoi amidst strong performance in the realty pack.
Hemang Jani remains cautious on the IT sector. He says \”the only positive takeaway is that the market is already sensing that there would be a significant negative growth of about 1% to 1.8% in terms of quarterly revenue growth for Infosys. The next year guidance was anywhere from 3% to 5%, which is mediocre. So, it would be best to stay away from IT till we get more colour on growth.\”