Dhananjay Sinha of Systematix Group notes uncertainty for Indian IT due to global trends. TCS results were in line, but future growth faces headwinds. Banks are seeing margin compression, though lending activity is picking up. Public sector banks and retail lending offer selective chances. Autos are outperforming financials. The second half of the fiscal year may bring gradual improvement.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets