L&T very well placed for next 2-3 years; it’s a patience game in Yes Bank: Sandip Sabharwal
“Next year will be tough for most of these IT companies. The management has been unwilling to accept this and so have the analyst and that creates the risk for investors. Once this acceptance comes in, then the risk reduces and so opportunities will come over the next three to six months but in the meantime, we could see further decline in most of the IT stocks.”