Dhananjay Sinha of Systematix Group indicates a recovery in the Information Technology sector. Improved US-China relations are easing investor concerns. Potential US tax cuts could further boost the sector. Significant corrections in IT stocks have created attractive valuations. Pharma and auto sectors may also benefit. Maharashtra government’s duty hikes on alcohol may affect alco-beverage companies.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets