![]() ![]() There are many PSUs which are definitely worth nibbling in. There is definitely value at these prices but you may have to navigate through a choppy period when the next quarter results come. If somebody is taking a medium to long-term view, then PNB and Canara Bank look good. Other PSU banks are not that confident about asset quality. As far as other banks are concerned, I will be a little conservative. SBI has been my top pick in this PSU basket for quite some time. SUBMIT Where do you see the opportunity in PSU banks? Overall, it is an excellent scenario for IT companies. The expectation on visa front is a reason to cheer for IT companies. The winning of Democrats in the US elections is also going to help. The work from home culture has ensured that digital transformation happens very fast. The digital transition, which people were expecting to happen over a period of time, has accelerated. Instead of having multiple vendors providing multiple services, large corporates, particularly in the US, are looking at consolidating vendors. ![]() The results are showing what is happening on the ground.Ī significant vendor consolidation is happening at the user end and that is an advantage for large Indian IT companies. Their commentary about the future and everything around their business growth opportunity is very optimistic. ![]() The body language of top management of IT companies has changed. Covid has accelerated the growth path for Indian IT companies. Probably, the growth which Indian IT would have seen in the next five-seven years is getting frontloaded now. Indian IT is going through a structural re-rating. Edited excerpts:ĭoes it appear that there is further headroom for growth in IT stocks? He says investors can look at Infosys and TCS even at current levels. You can expect steady and stable return from all top-tier Indian IT companies, says Sudip Bandyopadhyay of Inditrade Capital. ![]()
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