Want to buy on dips? Stick to IT midcaps

The runup that in IT has put them at multi-year high valuations now, says Nitin Raheja, Co-Founder, AQF Advisors.

Do you believe that these dips, at least within IT, should be bought into right now? Or is there going to be more chop and churn until the US election verdict?
Sectoral rotation will take place in markets from time to time. The IT business has shown resilience over the last 25-30 years. There have been the Y2K, the Lehman Financial Crisis and so on. IT spending is here to stay and more so with