Prefer Pharma, FMCG, Wipro, Infosys stocks: IIFL
Prashasta Seth, Sr. Fund Manager - IIFL Wealth Management at IIFL expects Nifty to trade between 4,700-5,100 levels. He further said that the current rally in the market was on the back of money coming in and expectations of an interest rate cut. Corporate earnings will now be the key trigger for markets he said; adding that investors should put their money in stocks that have a strong balance sheet. He picked Sun pharma, Dr Reddy's, Infosys and Wipro stocks as his bets.
