“Ajay Bagga advises investors to maintain a 'wait and watch' stance on Indian IT stocks in the near term, cautioning against buying opportunities. He highlights the lack of clarity on how the sector will adapt to rapidly improving AI capabilities, which can drastically reduce work hours. Bagga suggests waiting for Indian IT companies to articulate concrete AI use cases before confidence can be regained.”

Ajay Bagga’s track record: 4 graded calls · 95% CI 5–70%