The global investment bank is of the view that margin-led EPS downgrades are likely to continue for the IT sector in Q2. QoQ growth rates should be in line or better than Q1, said the note.
MF Picks: 13 smallcap stocks surge up to 115% in six months; 3 turn multibaggers
MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.