Article: Expect IT sector to continue outperforming: Deutsche
Video| - Jan 18, 2013 | 10:45 AM
Expect IT sector to continue outperforming: Deutsche
Abhay Laijawala - Head of India Research, Deutsche Equities.
Abhay Laijawala, head of research, Deutsche Equities India expects the IT sector to continue outperforming. Deutsche in overweight on the sector.
Laijawala told CNBC-TV18, “It is going to be a good year for IT companies. The guidance was very good. The environment is improving and IT has always been a play on the global recovery. So, our IT analyst has been actually turning very positive on the outlook for the IT sector. Coupled with expectations of the rupee depreciation and the global recovery, we expect the IT sector to continue outperforming. So, we are infact overweight on the sector."