Indian IT stocks saw a boost after a large-cap firm upgraded its FY26 revenue guidance. However, experts remain cautious, viewing the sector as mature with limited high-growth potential. While some see IT as a quasi-cash substitute for expensive sectors like FMCG, valuations are considered stretched.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,