There is no great value in telecom, said UR Bhat, Dalton Capital Advisors.
"I think one should stick on to these where there is some progress, some growth that is being shown month-on-month," he said.
On the pharmaceutical sector, Bhat said, “After a long time we are hearing some good news in the pharmaceutical space where USFDA seems to be slightly favorable towards some of these big companies. I think that could be harbinger of better things for the industry.”
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