Daily Voice | FII selling may now abate, banks ripe for up move over 12 months
The sense on the Street is that India's banking shares could be a big mover over the next 12 months, as all the positives start getting priced in. In conversation with Moneycontrol, Naveen Kulkarni, Chief Investment Officer at Axis Securities also believes that the picture for Indian IT sector 'remains quite complex' at this juncture. He advices investors to be selective, and also to wait for another quarter to understand the changing trends here.
Here's the full interaction.
Do you think the new-age tech companies will delay their IPO plans, especially after already-listed new-age companies were hit quite badly in the recent turmoil and corrected more than others?
The market has changed for technology companies after the significant correction seen on the Nasdaq. As central bankers around the world try …
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