“Despite a significant fall, Gautam Shah advises against touching the IT sector, even with a worst-case index target of 26,000. He notes that the 'AI disruption trade' is still at play, and valuations alone are insufficient to attract buyers given unresolved structural concerns.”
Gautam Shah’s track record: 5 graded calls · 95% CI 4–62%
Nifty 50BearishCalled 20 Mar 2026Graded 19 Jul 2026
Nifty 50 rose from ₹22512.65 to ₹23659.00 (+5.09% in 60d), contrary to the bearish advice.
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