Market expert Sandip Agarwal expressed caution on the Indian IT sector, citing low single-digit growth and high valuations for large caps. He believes current rallies are tactical, not fundamental, and sees potential bottoming out when multiples contract. Agarwal favors platform companies and is highly bullish on India’s consumer tech “Mag-7” for long-term growth.
ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?
FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC,