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Can buy into IT midcaps on 15-20% correction: Dipan Mehta
Dipan Mehta of Elixir Equities is positive on software companies, particularly HCL Tech., but he would prefer to go for midcap IT stocks. But there I should expect some more correction before I look at buying into those companiesHe questions the credibility of Zee's management and doubts their ability to create value. Mehta prefers to wait and watch the performance of recently listed banking and power financier companies before making investment decisions.