Sectors that look stable for next 3 months

Sectors like IT and pharma and stocks like Reliance [ Get Quote ], Tisco [ Get Quote ], Maruti [ Get Quote ], Glenmark [ Get Quote ] Pharma, and DRL will be stable.

Deven Choksey of KR Choksey said, "There would be steady progress in IT. Selective stocks like Reliance, Tisco, Maruti will perform. In pharma Glenmark and DRL will stay relatively safe. In the fall, they will be worth investing.

Choksey said no sector look weak at the moment but if there is a undue rise, then realty stocks might suffer some correction.

"No sector is seen weak at this moment. But if there is a undue rise then possibly some correction might happen in realty sector. Commodities per se is not bad and any correction there will be welcomed by the traders. Tisco will safely do well," he said.

ALSO SEE:

• This is the time to find good values
• Should you invest in falling markets?
• India needs to correct by 4-5%: JP Morgan
• Investors should not panic
• Where are markets headed?
• A 3-month outlook from experts

For more on markets & business, log on to www.moneycontrol.com.