Bullish on BFSI, manufacturing; don’t see Indian IT sector growing at 10-12% next year: Rohit Agarwal
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Rohit Agarwal, Senior Fund Manager at Kotak Mahindra Life Insurance, predicts a 6-7% growth for largecap Indian IT companies next year. Current valuations already account for this growth. Agarwal believes the BFSI and manufacturing sectors are still good investment opportunities. He is cautious about projecting a 10-12% growth for the Indian IT sector next year. Metals are seen as cyclical rather than structural, and the FMCG sector has underperformed due to interest rate hikes and economic factors.

#ItSector #Bfsi #Manufacturing #IndianEconomy

https://m.economictimes.com/markets/expert-view/bullish-on-bfsi-manufacturing-dont-see-indian-it-sector-growing-at-10-12-next-year-rohit-agarwal/articleshow/109159546.cms