Investors should wait and watch the telecom sector stocks: CRISIL Research

Tarun Bhatia, Director, Capital Markets, CRISIL Research in an interview with ET Now talks about telecom stocks.

What about the telecom pack? Anything that you are recommending there or is it a complete avoid given the controversies?

Beyond controversies, we are still not very sure how the whole 3G impact on the business would be because we believe there would be pressures at ARPUs level for the telecom providers. So there are other sectors at this point of time, which provide good upside. We definitely feel metals are a good opportunity at this time, banking, so given that environment, telecom could be a sector where investors could currently wait and watch.