Overweight on TCS, HCL Tech; avoid PSU bank stocks: experts
PUBLISHED ON: December 10, 2012 | Duration: 22 min, 10 sec
Sudip Bandyopadhyay, MD and CEO of Destimoney Securities and Lancelot D'Cunha, CEO of ITI Wealth Management, discuss stock market performance. According to them IT stocks have been seeing a correction due to guidance cuts and currency appreciation. They are still wary about PSU banking stocks although the worst is likely over for the stocks.