Avoid Wipro in a transition phase: P Phani Sekhar

Wipro can be avoided because its in a transition phase and valuations are clearly expensive.

| Updated: Apr 22, 2013, 03.53 PM IST

P Phani Sekhar, Fund Manager-PMS, Angel Broking, shares his views on Wipro.

ET Now: What is your view on Wipro ?

P Phani Sekhar: Wipro can be avoided because its in a transition phase and valuations are clearly expensive something that I had been maintaining for quite sometime now.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!