HomeNewsBusinessEarningsIDFC Sec bullish on IT sector, wary of RIL

IDFC Sec bullish on IT sector, wary of RIL

Pathik Gandotra of IDFC Securities is bullish on IT sector. In an interview to CNBC-TV18, he said that return of stability to the US economy will be positive for Indian companies.

January 11, 2011 / 15:19 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Experts feel that return of stability to US economy will help Indian IT companies to post better December quarter results. Pathik Gandotra of IDFC Securities is bullish on IT sector.

In an interview to CNBC-TV18,  he said that dollar revenue growth is likely to be 5-6% this quarter. However, he is concerned on other stocks like ONGC and RIL.
first published: Jan 11, 2011 12:14 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!