Added IT to portfolio, moved from underweight to overweight across portfolios, says Kotak Mahindra AMC

According to Harsha Upadhyaya, President & CIO-Equity at Kotak Mahindra AMC, this festive season is going to be crucial for the entire auto pack. If the volumes don’t pick up around this festive season then it could bring further downside to some of the stocks as valuations remain rich.

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