Bernstein will be a “careful buyer” in Financials with a reduced weightage, IT and Telecom as “overweight.” It has also upgraded Utilities to “overweight” but remain “underweight” on Industrials on lofty valuations.

Bernstein will be a “careful buyer” in Financials with a reduced weightage, IT and Telecom as “overweight.” It has also upgraded Utilities to “overweight” but remain “underweight” on Industrials on lofty valuations.
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