Talking to ET Now, Inderjeet Singh Bhatia, Macquarie Capital, says in IT, the valuations help while private banks are a better play than NBFCs. Edited excerpts: ET Now: The cleanup act initiated in the Tata group ever since N Chandra came at the helm, has been working in their favour.
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via Why Macquarie Capital has become underweight on NBFCs and overweight on IT stocks
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