In a chat with ET Now, Anish Damania, Head-Institutional Equity, Emkay Global Financial Services, shared his views on IT stocks.
What is it that you like out of the IT pack?
Clearly, our preference is also towards the IT. We like HCL Technologies and to some extent couple of midcap stocks with Hexaware at this point of time also figuring in that list. This year you are going to see some more optimism coming into the earnings stream as compared to last year in IT and given the fact that some domestic businesses are not growing the way they were expected, there has been a shift of weightages from FMCG into IT.
Read More.http://articles.economictimes.indiatimes.com/2013-02-26/news/37309710_1_anish-damania-hexaware-head-institutional-equity
What is it that you like out of the IT pack?
Clearly, our preference is also towards the IT. We like HCL Technologies and to some extent couple of midcap stocks with Hexaware at this point of time also figuring in that list. This year you are going to see some more optimism coming into the earnings stream as compared to last year in IT and given the fact that some domestic businesses are not growing the way they were expected, there has been a shift of weightages from FMCG into IT.
Read More.http://articles.economictimes.indiatimes.com/2013-02-26/news/37309710_1_anish-damania-hexaware-head-institutional-equity
