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Buy IT, avoid pharma: Angel Broking
Description
Phani Sekhar, Fund Manager-PMS, Angel Broking, advises investors to buy in a staggered way. He adds that he will stay away from pharma stocks just because of the currency devaluation but recommends large-cap IT stocks. Shrikant Chouhan, technical analyst at Kotak Securities, says if markets close above 5000 levels then they can rally further.
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