The G7 economies under hit, likely to result in less and less work being outsourced to Indian IT companies.
So the top line of Indian IT companies is likely to be flat. So if you are investing in Indian stock companies you need to factor these facts. Performance of tech stocks is not likely to result in much growth compared to other stocks.
In 2008 the best stock were that of FMCG which were least affected by the lash of recession.
So are you thinking of picking your next growth stocks, is it going to be Infrastructure stocks or Telecom stocks?
What is your take?
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