Bullish on BFSI, manufacturing; don’t see Indian IT sector growing at 10-12% next year: Rohit Agarwal
Rohit Agarwal, Senior Fund Manager at Kotak Mahindra Life Insurance, analyzes the Indian IT sector's average position and predicts a 6-7% growth for largecap Indian IT companies. Current valuations anticipate this growth, with considerations for interest rate reductions in the US and economic recovery. Agarwal says: "Some of the pockets that we believe are still good are the BFSI space and the manufacturing space."
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