Be careful about overtly optimistic IT cos; it will be tough for Reliance to disappoint: Sandip Sabharwal

Sandip Sabharwal, asksandipsabharwal.com, says in the case of ICICI Bank, “hopefully we will see good profitability and I expect them to do well. So, the question again for many of these largecap banking stocks is where is the upside in the near term, given that they are near all-time highs rather than having corrected most. But, overall, my construct for the larger banks is positive in India.”