Accumulate IT stocks over the next few months with a 2-3-year view: Pankaj Murarka

Smaller, regional banks in the US have only a limited impact on Indian IT companies, according to Pankaj Murarka, CIO at Renaissance Investment Managers. Murarka says that the only major cause for concern would be a deep recession and economic crisis in the US, which he says is not the consensus view. He believes the long-term growth outlook for Indian IT companies is solid, despite short-term volatility.