You have several midcaps and small-caps which are focussed on overseas markets in addition to the domestic demand.These will start to look better as we go forward. I think exports as a theme is going to come back into favour and that will help the broad portfolios. Pricing situation has started getting better and there has been incremental growth in data usage and pricing. Our channel checks with various players do indicate that ordering is getting better. The free cash flow is good, the companies have very good balance sheets and are trading at reasonable valuations compared to broad markets.

Source: Economic Times October 23, 2017 05:48 UTC