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.
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