Be cautious on IT stocks: Fayeza Hafizee, Institutional SalesIntime Spectrum Securities Ltd

Fayeza Hafizee, VP, Institutional SalesIntime Spectrum Securities Ltd, in a chat with ET Now talks about the IT stocks.

What does one do with IT stocks?

I would play a little cautious on IT not because I am worried about any other factor but because the counters have rallied very significantly in the last couple of months. Also, news is not exactly very positive. So I would be very cautious. If I have to enter IT, I would wait for dips, I would not do anything right now.