A lion’s share of the inflows is likely to be lapped up by IndusInd Bank at $290 million followed by Suzlon at $264 million and Persistent Systems at $254 million, the Nuvama report said. The remaining stocks could see inflows between $227 million and $160 million in the pecking order.
IT sector struggles to justify premium valuations amid growth fatigue: Sandip Agarwal
Sandip Agarwal from Sowilo Investment Managers believes large-cap IT firms are unlikely to exceed 6-7% revenue growth in the long term. He finds their current