Published on 15/05/2025 01:52 PM
Anil Singhvi IT Sector View: Most information technology (IT) companies have announced their fourth-quarter results (FY2425). The earnings season is about to close, and most IT sector investors are in an analytical mode to review their investments. Many new investors are keen to know which can be the best IT stocks and if it is the right time to start an SIP in mutual funds.
Anil Singhvi, Zee Business managing editor and market guru, reviews the earning seasons and presents his view on IT-related stocks and mutual fund investments.
The market wizard says that the current results (Q4 FY2425) notwithstanding, no major impact is expected on Indian IT companies' operations in the US.
The market guru says that IT companies' results in the fourth quarter have been largely decent, and the guidance of most companies is not bad at all.
Speaking about the risk involved in IT sector-related investments, Singhvi says that the risk is lower on the downside.
Taking a broader view on the IT sector, Singhvi says that attractive dividend yield will drive buying interest in stocks.
The market guru says that around a 6 per cent dividend yield makes IT stocks attractive.
He says that although they carry a slightly high risk, midcap IT stocks are set to perform better.
The market wizard says that the best IT mutual fund investment strategy can be to make a systematic investment plan (SIP).
The market guru says that new-age e-commerce firms and select global IT stocks look good for investment.
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