HomeNewsBusinessStocksWait-and-watch mode on IT stocks for next 2 quarters, looking for clarity from US: Axis Securities

Wait-and-watch mode on IT stocks for next 2 quarters, looking for clarity from US: Axis Securities

Chadawar also said there is sector rotation in the market with smallcap and midcap stocks seeing weaknesses, and large cap stocks expected to see inflows

Ananthu C U

March 14, 2024 / 22:22 IST

Wait-and-watch mode on IT stocks for next 2 quarters, looking for clarity from US: Axis Securities

Some of the money is now going towards large cap stocks. That will be the case for the next 3 months because of the upcoming events. The general election would bring volatility in the market, and during volatility, large caps inherently provide more margin of safety.

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