Bullish on IT sector stocks: Centrum Broking

Alok Nanavaty, Director, Centrum Broking Pvt. Ltd. in an interview with ET Now talks about IT stocks.

What is the call on IT right now, large cap, midcap, what would you do?

I am still betting on the large cap IT to have a fairly good year assuming that there are no strong currency headwinds as was emphasised and reemphasised during the TCS numbers meet. I am otherwise generally fairly bullish on the prospects and outlook for IT with some concern but not too much of a concern on the currency front for the earnings impact to the large cap IT stocks.