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Indian I.T. Stocks Outlook: Is This the Right Time to Buy?

businesstoday.in · 4h · first reportShare

In this episode of Market Commentary on Business Today, Shailendra Bhatanagar sits down with Jitendra Sriram, Senior Fund Manager at Baroda BNP Paribas Mutual Fund, to decode the heavily beaten-down IT sector. Are investors right to be frustrated about Indian tech missing out on the global AI rally? Jitendra Sriram explains why Indian IT requires "calibrated bets" rather than a "cowboy" attitude. After facing brutal AI-related price damage in February and a further growth-guidance correction in April, IT valuations are finally looking highly attractive. Rather than chasing fads, smart money is rotating back into these cash-rich, debt-free tech bellwethers that now offer massive 5-5.5% dividend yields. Discover why Baroda BNP Paribas Mutual Fund has shifted from heavily underweight to near benchmark weights in the IT sector.