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Why are largecap bank stocks down and IT stocks up now? Digant Haria explains
“For some more time, this whole thing can play out that the giant stocks which are very well owned, the large banks may not do well and the smaller ones will keep doing well. For a player who is not very momentum or trade-oriented, it makes sense that some of the profits made out of a lot of other small and midcaps, can be parked in the large banks because there is safety and potential for 30-40% returns.”