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Sensex between 12k and 14k by Dec '09: ICICI Direct

Others 1579 views 4 replies

ICICI Direct expects the benchmark Sens*x to hover between 12,000 and 14,000 levels by December 2009 and believes that themes like PSUs,

BSE 
infra, power, pharma, banks, FMCG, auto, and telecom would find favour among investors in 2009. It is bullish on stocks like SBI, Bhel, NTPC, Hero Honda, Maruti, PowerGrid, Bharti, GAIL, HLL, Sun Pharma, Glenmark Pharma and Elder Pharma.
 

Replies (4)

In this time of financial juncture, one can not say by reading the palm and head...

This financial havoc is thrown the market in a unpredictable manner and was a total failure of all the so called experts and analysts.

The prediction of ICICI Direct, copied by CA Prakash Somani (A helping Hand) is may be a good info in others view, But not a true picture of the market after a year.

**DM

 

after the meltdown in 2008, predictions shudnt be made so easily...

hello sir.

Everyone has their own view over markets, but it's really hard to believe that what trend is going into the markets. right now Because of satyam the sentiments are low on IT sector. I personally very bullish on BHEL and Hero Honda. but right now they are at their very crucial resistance levels.

 

Definetely Market sentiments are investors sentiments and there is nothing to measure the investors sentiments. But if predictions are to be believed which are on some logical basis then we somehow avoid the uncertainity of falling into recession to some extent.


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