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JPMorgan AMC Bets On IT, Consumption

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September 24: JPMorgan AMC’s Andrew Economos says that IT is doing well but we’re paying a premium for it and in consumption too, valuations are expensive. “Investors need to be selective, pay up for quality in these sectors and hold on for the longer term,” he says. These sectors will benefit as India moves through its economic development and as it goes through a recovery, he adds.