Sanjay Sinha, Founder of Citrus Advisors discusses with Prashant Nair and Ekta Batra his analysis on the fundamental side of the market as well as specific stocks and sectors.

On IT

Talking about IT sector as a whole, on a fundamental basis, “After almost two years that this sector will report double digit earnings growth. So that is a little refreshingly welcome news because for most part of Calendar year 2017 the market has moved away from IT in the apprehension that the Indian IT was not so well geared to capitalise on the emerging trends in the digital space.”

“Maybe 2018 is a year in which IT might be in the forefronts within the defensives in which the markets will be putting their money on,” he added.

On capital goods:

“Two things to say on capital goods, one is that on a portfolio perspective it would anyway make sense to be overweight cyclicals and within cyclicals infrastructure should have had a larger exposure. Within the infrastructure space the construction sub-sector was the one which picked-up speed first. The engineering and capital goods sector are the ones which are now coming up from behind to catch up on whatever progress we have seen,” are his views on capital goods sector.

Look at Engineering & capital goods sector within infrastructure as the next promising sub-sector, said Sinha.