“The IT sector remains in a downtrend due to concerns like US tariffs and a potential global slowdown, but valuations have corrected meaningfully after recent underperformance. Long-term investors may consider selective accumulation in quality IT names, especially if sectoral rotation occurs.”
Nifty ITBullishCalled 19 Feb 2026Graded 19 Jul 2026
Nifty IT declined from ₹32319.40 to ₹29147.05, which contradicts the BULLISH direction tag.
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