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Market is pricing in positive news from Indian IT sector, says Jefferies’ Mahesh Nandurkar

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In an interview to CNBC-TV18, Mahesh Nandurkar of Jefferies said that the market is pricing in a lot of good news in the Indian IT sector.

Jefferies, in its India strategy investor conversations revealed that Infosys is the top pick among investors. In an interview to CNBC-TV18, Mahesh Nandurkar of Jefferies said that the market is pricing in a lot of good news in the Indian IT sector.
On the insurance sector, Nandurkar believes that the sector is showing more positives than negatives. Speaking about the restaurants and hotel industry, he said that the sector will take a while to recover.
Watch the video for more