Amit Khurana, Group CEO and Head of Institutional Equities at Dolat Capital, has upgraded India's IT sector and named four specific stocks he is backing, even as the broader market wrestles with Middle East uncertainty, a weak monsoon outlook, and muted near-term earnings growth.
Speaking to ET Now, Khurana said Dolat Capital upgraded the IT sector in April, driven by a combination of depressed valuations and a rupee depreciation tailwind that he believes the market is underpricing.
