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

There are short term concerns on the growth outlook given some of these bank figures in the US. But the fact is smaller, regional banks are a very small proportion of business for Indian IT companies. So, unless we make a case of the US going into a very deep recession and the global economy also going into a very deep recession and a big crisis, which is not the consensus based case, I do not think there is a meaningful impact on IT companies. They will still deliver growth, says Pankaj Murarka, CIO, Renaissance Investment Managers