IT may be among the first to bounce back; top 3 trading ideas for the month: Anand James

“As recession fears recede, the IT sector may be among the first to bounce, given the pounding it had received in the first wave of selling,” says Anand James, Chief Market Strategist at Geojit Financial Services NSE 3.69 %.

In an interview with ETMarkets, James, said: “From a domestic theme, we favour banks with the expectation of expansion in the loan book” Edited excerpts: