Avoid midcap IT stocks; Asian Paints a sell now, Berger a buy: Aditya Arora
Aditya Arora suggests selling Asian Paints and buying Berger Paint. He predicts a decline in Nifty and Nifty Bank. He advises accumulating Jio Financial at Rs 270-295. Midcap IT stocks like Persistent Systems should be avoided due to potential downside. According to Arora, the view is bearish on both Nifty and Bank Nifty.
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