Expect private banks, auto and IT to outperform in next 6-12 months: Raj Mehta
“We have seen the valuations of all the IT companies, especially the mid and smallcap IT companies going through the roof in the last couple of years and the corrections also have seen pretty decent. We feel that some largecap companies are now trading at very reasonable valuations and mid and smallcap companies valuations are still a far away from reasonable valuation.