IT sector offers relative earnings comfort coupled with solid balance sheet, cash flow, RoE, and payout metrics in such current volatile and disruptive times.
The major flow for the IT Index has been the NASDAQ in US hitting all-time HIGHs, and which the NIFTY IT too replicated in stride. The robust results further boosted the inflows in terms of the def
Investors should put 15-20% of portfolio in gold ETFs against usual 5-10%, they say
The sector to watch still remains pharma. The valuation is still way off the valuations the sector governed even around 5 years back, thus creating an upward space.