“Bearish on the IT sector, advising a cautious approach as long as the Nifty IT index remains below 29,300. While some frontline IT stocks are oversold on shorter timeframes, it's too early to call a bottom due to technical and macro headwinds like rising US bond yields and global tech spending uncertainty. Tech Mahindra is relatively more constructive, trading above its 200-DMA, unlike Infosys, TCS, and HCLTech which are vulnerable.”

Rupak De’s track record: 27 graded calls · 95% CI 34–69%