“Saurabh Mukherjea warns that the selling pressure in Indian IT services stocks may not be over yet, citing similar trends in the US where brokerage and wealth management names have seen significant market cap erosion. He suggests markets are increasingly discounting the vulnerability of intermediary-driven business models due to AI's impact.”

Saurabh Mukherjea’s track record: 6 graded calls · 95% CI 19–81%