Page 19 - Expert View News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Aamar Deo Singh advises caution in the volatile market amid global cues and US economic scenarios. Investors should focus on Nifty, Bank Nifty levels, and major movers like Tejas Networks, Cochin Shipyard, and Kotak Mahindra Bank for strategic investments. Singh says: "Markets and global investors at large, have already factored in a no-rate cut, but its the overall outlook and commentary by the Fed that markets will look forward to. "

Mastek CEO Chandrana discusses FY24 growth, soft Q4 revenue, optimism for FY25. He also talks about Mastek's share in a $1.2-billion UK Ministry of Defence project, client conversations, and margin profile target of 17-18%. Chandrana says: "As far as the revenue and growth is concerned, in dollar terms, we grew 15.8% YoY. If you remove the small acquisition that we did in FY24, we still grew at a fairly healthy rate compared to competition. "

Sandip Sabharwal expresses concerns about the IT sector due to unclear growth trends and excessively bullish management on margins. In auto stocks, Maruti's resurgence cycle looks promising, while ICICI Bank stands out among private banking majors. Skipping the IT sector is advised, with cautious optimism towards Apollo Hospitals and turnaround banks.

HCL Tech's leadership foresees strong growth momentum post Q4, with FY25 challenges mirroring FY24. Emphasis on deal impacts, margin strategies, and transparency in deal metrics for sustained growth. Prateek Aggaewal says: " 18-19% margin band has been very steady over the last three years. In FY23, we had given the same guidance; FY24 was the same guidance, and we delivered in the 18.2% for both those years as well and we are just carrying that forward."

Gartner's DD Mishra anticipates AI-led growth in 2024-25, with CIOs relying on consulting services amid uncertainties. Crisis drives IT spending, while niche areas like midcap IT, ER&D, and automotive industry are expected to outperform. Mishra says: "We will see disruptions in the short term, but the long term outlook is positive."