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Pharma good for next 2-3 years; wait a quarter before entering IT: Abhishek Basumallick
Abhishek Basumallick, Chief Investment Adviser, Intelsense Capital, says “the problem with IT, especially IT services, is that until and unless there is very clear visibility of growth in the US market, the buyers or the clients do not tend to go and start giving new projects. They have always been cautious in giving out new projects. I would be a little bit hesitant to build up positions in IT…
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