Cautious on IT stocks; prefer mid-caps: experts
Market expert, Nipun Mehta, and Hemang Jani, senior VP at Sharekhan discuss the stock market performance in view of passage of FDI in multi-brand retail in Parliament. While they expect positive momentum to continue in the markets, they don’t see any significant upmove in retail stocks. They also remain cautious on IT stocks and prefer mid-cap stocks.
