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Underweight On FMCG, I.T.: S. Naren

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February 24: In this exclusive conversation with Bloomberg TV India, S. Naren, CIO Equity, ICICI Prudential AMC, shares the firm’s top sectoral picks. He adds that the firm remains overweight on midcap and small cap PSU stocks. According to Naren, pharma and I.T. stocks will start underperforming as and when macros improve.