IT Sector: IT companies in general post poor quarterly results in the month of March. Market in April will keep eye on performance of Rupee against global currencies along with Trump’s policy. Infosys guidance for FY 2018 will also be crucial factor to watch in IT sector stocks, also there may be some buyback announcement from companies.
FMCG Sector: In the quarter of March generally FMCG sector gives 4-5% growth. From this segment Jyoti Labs, Emami, GCPL are expected to give around 10% growth in revenue. Increasing prices of raw material may put some pressure on HUL in upcoming days. Volume of shares like Asian Paints, ITC, Marico DS is likely to increase. Paint stocks are likely to give good volume growth.
Banking Sector: If we talk about banking sector stocks, profit of PSU banks is likely to grow up in the quarter. NII growth of these stocks may remain up to 5-6 percent. Banks focusing on retail banking may post good results, while traders will keep an eye on asset quality. Housing finance companies may register a 2-4% growth. Loan-Deposit ratio depreciation may mark a negative impact on margins.