IT, telecom likely to outperform: A Chakraborty

Abhijit Chakraborty of Edelweiss Capital is of the view that IT and telecom space are definitely going to outperform.

Chakraborty told CNBC-TV18, "IT stocks and telecom are the two sectors, which are definitely going to outperform. Even capital goods segment where the valuations are factoring in a huge slowdown where it might not materialise; the company might actually show better results. These are the three sectors, which I think are going to be positive surprise. "

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.