Starting out in tech stocks? Start with small tranches within midcap IT, says Mayuresh Joshi

economictimes.indiatimes.com:

Mayuresh Joshi, Head, Equity Research-India, William O'Neil, says “as metal demand comes back slowly and steadily as far as China is concerned, the expectations of a soft landing in the US, strong recovery signs that we are seeing in Europe and holding out of macros and the expectations of infra spend in India, is expected to keep volumes afloat as far as Indian companies are concerned. With a sharp recovery in LME prices, the large expectation is that operating leverage should start kicking in from the first of the next financial year. It is a pre-emptive move that we are probably seeing on a lot of these counters.”
What do you think is aiding the move in metals and is it sustainable?
Two-three factors are clearly aiding the kind of growth that is now coming through for the sector as a whole. One, yesterday, Powell statement which is clearly indicating that at some stage in the second half of the next calendar year rate cuts will be a given, that will give a huge boost to the global economy and commodities in general should see a huge comeback.

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The second element is around the same periodicity of time, a large expectations are getting laid out that China should see the initial signs of recovery and as those recovery signs become a little bit more eminent, the expectations in terms of restocking which will start happening across the metal pack whether it is ferrous, whether it is non-ferrous will start boosting LME prices.
As demand comes back slowly and steadily as far