However, we do believe in the short-term current valuations mean that investors have to set realistic return expectations or increase their time horizon for returns.
George Thomas, Equity Fund Manager at Quantum AMC, expects IT spending to improve, benefiting large-cap IT names. He also forecasts larger private banks to perform
But overall, I feel that at lower level, they will find support and bounce back and resume their uptrend. So, as of now, the strategy
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