Sun Pharma and Dr. Reddy’s emerging as strong bets in pharma sector: Sandip Sabharwal

​So, there will still be uncertainties around and most of the IT stocks have had a very strong rally, like if you look at the larger ones, they have had a decent rally but many have virtually moved up in a straight line and today traded valuations which are two-three times historical earnings for some of the mid-tier companies which would be unsustainable in my view. ​So, there will still be uncertainties around and most of the IT stocks have had a very strong rally, like if you look at the larger ones, they have had a decent rally but many have virtually moved up in a straight line and today traded valuations which are two-three times historical earnings for some of the mid-tier companies which would be unsustainable in my view.  Economic Times