Prefer IT, pharma stocks: Dilip Bhat

Dec 05, 2013, 04.16 PM IST

Dilip Bhat of Prabhudas Lilladher is of the view that one may prefer pharma and IT stocks.

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Prefer IT, pharma stocks: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher is of the view that one may prefer pharma and IT stocks.

Like this story, share it with millions of investors on M3

Prefer IT, pharma stocks: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher is of the view that one may prefer pharma and IT stocks.

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Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "In the defensives I would still continue to look for an opportunity to buy in IT as well as in the healthcare space. So, both the sectors should be looked into especially if there is some kind of a sell-off for giving a good buffer to the portfolio as well as slightly on a longer term basis."

On December 5, Sun Pharmaceutical Industries closed at Rs 578.25, down Rs 13.25, or 2.24 percent.

The share touched its 52-week high Rs 650 and 52-week low Rs 354.23 on 10 October, 2013 and 06 December, 2012, respectively.

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