IT and Pharma Sector will lead stock market rise in 2014
Posted on: 03/Jan/2014 10:29:05 AM
Stock Market in 2014 is expected to rise especially due to IT and Pharmaceuticals.
In 2013, IT index has gained 59.52 percent causing around 9 percent rise in the total Sensex rise. Among the 13 indices, IT sector has proved itself as the best performing sector in 2013 with TCS 71 percent, Infosys 51 percent and Wipro 59.52 percent gain.
The next in the list is the pharma sector, which shows a consistent rise in its performance. Worldwide exploration in innovative fields, cost control and margin improvements are well planned and implemented in this filed. Healthcare and FMCG also are showing good performance.
