Good time to start allocating money to equities; stay cautiously optimistic: Ajay Bagga
The quality sectors that we like very consistently are private sector banks which have really led the way. Materials, capital goods and automobiles are some of the sectors while IT is a contrarian bet. I have consistently said we have not seen IT spends getting cut even the Gartner studies are pointing towards a 6-7% growth in IT spends.
