IT stocks trading at reasonable valuations now: Fund managers

MUMBAI: Some of India's top money managers have turned bullish on technology stocks following the recent decline amid concerns over their growth prospects and currency movements.

Fund managers and analysts said valuations of technology shares, which have historically traded at a premium to the Nifty, have slipped into a discount.

"It's a low-risk sector offering decent upsides from these levels because absolute valuations are reasonable," said S Naren, chief investment off ..

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