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Sectors that look stable for next 3 months
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May 18, 2006 13:43 IST

Sectors like IT and pharma and stocks like Reliance [Get Quote], Tisco [Get Quote], Maruti [Get Quote], Glenmark [Get Quote] Pharma, and DRL will be stable.

Deven Choksey of KR Choksey said, "There would be steady progress in IT. Selective stocks like Reliance, Tisco, Maruti will perform. In pharma Glenmark and DRL will stay relatively safe. In the fall, they will be worth investing.

Choksey said no sector look weak at the moment but if there is a undue rise, then realty stocks might suffer some correction.

"No sector is seen weak at this moment. But if there is a undue rise then possibly some correction might happen in realty sector. Commodities per se is not bad and any correction there will be welcomed by the traders. Tisco will safely do well," he said.

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