Avoid steel sector; Overweight on pharma, IT, export stocks: Credit Suisse
Neelkanth Mishra, Head-Equity Strategy at Credit Suisse India says that he is overweight on export stocks, pharmaceutical & IT sector, adding that investors should avoid steel sector. On market outlook, he says that 2012 likely to be very tough for markets which could possibly see 10-15 per cent downside. He spoke about the European debt crisis and government policy paralysis.
