Asit Bhandarkar advises a slight underweight on the Indian IT sector, urging against panic selling despite revenue deflation fears and global tech spending shifts. He notes that many large-cap IT names are trading at discounts to historical valuation benchmarks, suggesting current prices are not for selling. While challenges are real and will take months to reflect, companies have solid cash flows, making it an execution game for patient investors.
Nifty ITNeutralCalled 26 Feb 2026Graded 19 Sep 2026