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IT may remain under pressure for next 3-6 months; 3 large & midcap cement picks: Siddhartha Khemka
Siddhartha Khemka anticipates short-term pain in IT but remains positive on the market outlook. As some of the larger sectors like banking, auto, cement, capital goods continue to report strong numbers, the market could continue to see an uptick. Metal sector momentum driven by global factors. A weak Q4 is expected for metals. Market focuses on select themes amidst recovery hopes post-monsoon.