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Here's why Edelweiss raised Infosys' weightage in its model IT portfolio despite the whistleblower complaint

Updated : November 01, 2019 11:50 AM IST

Edelweiss Securities has increased the stock's weightage in their IT model portfolio from 15 percent earlier to 27 percent.
For the sector on a whole, the brokerage remains bullish on certain mid-caps given their strong re-rating potential.
The brokerage maintained ‘buy’ on Infosys, HCL Tech and Tech Mahindra, and ‘hold’ on TCS and Wipro.
Here's why Edelweiss raised Infosys' weightage in its model IT portfolio despite the whistleblower complaint
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