Investment and Market Directions in India for 2011

India is on a tear with 9% growth rate for the economy.  Although it is debatable whether one can say such a growth has completely trickled down to the smallest of the investor or not, there is an amazing pace of growth occuring in the country.  The last two years were badly affected by the Global economy – specially in terms of jobs.  In the end, however, things bounced back a bit.

As 2010 draws to a close and 2011 starts, let us take a look at what the experts are saying in the media about the investment options and direction of the markets in the coming year.

If you have any thoughts, please do share with us as well.

Rupee may be heading to 36-38/$?  Dhaval Shah of Investacademy argues for those levels.  Do you agree?  If that is so, then what may be the impact on the economy as a whole?

Lakshmi Iyer, Head- Fixed Income and Product, at Kotak Mahindra Mutual Fund says

Banks with high CASA, Pharma companies that have a wide FDA approval and diversified product portfolio, and Media with a deeper reach, may be the key sectors in the following year. Also, the FMCG and the IT sectors too could look positive in the following year.

Ashok Jainani,  vice president – research and market strategy, Khandwala Securities says:

In the short to medium term, Cement, engineering, telecom, select banks, power stocks look attractive

Mkts can gain around 17% in 2011 – Anand Tandon of JRG Securities

As per Mark to Market column of LiveMint – the analysts at Motilal Oswal Securities Ltd are pointing out that, Tata Consultancy Services Ltd is confident that it cangrow by 20% for the next 3 years.  Infosys is also looking at a growth of 20% for 2012 fiscal.

Deepak Seth picks up 5 mid caps for 2011: Deepak Fertilisers, Jindal SAW, Bajaj Electricals, Federal Bank, and Shree Renuka Sugars.