Buy Polaris, banking stocks better: Ashwani Gujral

Mid-tier banking stocks probably may do better than mid-tier IT stocks.

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com talks about IT stocks.

What is your broad call on mid-tier IT stocks especially the likes of a Polaris or even for that matter a Nucleus Software?

IT will move sideways from here and overall sentiment because of hiring etc. is positive. So yes on a good day, Polaris can go up to 215 but clearly this week, action will be on banking. So mid-tier banking stocks probably may do better than mid-tier IT stocks.
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