Experts Offer Varied Views on Indian IT Sector Amid AI Concerns and Market Opportunities

Indian IT stocks face mixed outlook amid sector challenges and evolving technology trends. JM Financial's Asit Bhandarkar advises a disciplined, slight underweight stance on IT, favoring smallcaps with strong earnings. UTI AMC's Ajay Tyagi remains bullish on IT's resilience against AI disruption, highlighting historical adaptability and preferring private banks over PSUs. Market expert Neeraj Dewan sees short-term trading bounces in IT due to overselling but urges caution on long-term AI impacts, while also noting opportunities in metals, pharma, and solar sectors.