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Bullish on niche midcap IT cos, white goods space: Kotak MF

Shah is not upbeat on FMCG companies as he sees rural distress and competition from unlisted players hurting margins. He is more bullish on consumer durables because of the juicy discounts being offered by e-commerce companies and likelihood of increased demand from the Seventh Pay Commission report when it takes effect.

first published: Oct 26, 2015 09:40 am

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