Still overweight on IT and financials but have tweaked allocations: Venugopal Garre
‘We tweaked the allocations through the last 12 to 18 months. The first tweak primarily was to not really take a broad-based IT call. Exactly 18 months back, our call would have been to buy anything in IT because we were fairly confident of the overall environment. We have narrowed down that call to basically a handful of largecaps, saying that one or two backs that we could position our overweight with.”
