What about this Diwali?
Morgan Stanley forecasts strong earnings growth for Indian Companies.
Companies could post strong earnings growth over the next 12 months, driven by a sharp recovery in industrial growth and rebound in
margins, led by cost-cutting and lower raw material prices, said Morgan Stanley, in a recent note. The investment Bank has raised its Sensex target for December 2010 to 19400 and upgraded the benchmark’s earnings growth estimates. Some of the prominent Market experts believe that
HOTELLEELA, CASTROL, MUNDRAPORT, TATATEA, NTPC, 3IINFO, IGL, GAIL, HINDUNILVR, IFCI
would be bets which look good from 1 year perspective till 2010Diwali.
Accumulate in dips.
Happy Diwali and Happy Investing
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