Rupak De suggests Nifty IT faces potential "mayhem" if it breaks below the crucial 35,400 level, driven by concerns over a new AI tool impacting IT service providers globally. Conversely, if the index sustains above 35,400, a meaningful price recovery in the IT space can be expected.

Rupak De’s track record (trackable calls only): 11 graded calls · 95% CI 15–65%

Nifty 50NeutralCalled 08 Feb 2026Graded 19 Sep 2026