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Cautious on the IT sector: Morgan Stanley Investment Mgmt

Morgan Stanley Investment Management is a bit cautious on the IT sector. "We are currently underweight the IT sector. If you see the result of the last quarter, of all the large majors, it wasn’t very encouraging, 1-3% of growth. Guidance for the current quarter is also not very encouraging," says the managing director Sridhar Sivaram.

first published: Mar 21, 2012 12:44 pm

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