Markets are entering a discerning phase, shifting from narratives to performance. Investors are cautioned against chasing high-P/E small and mid-caps without earnings visibility, as multiple compression is likely. India’s medium-term outlook remains constructive, driven by earnings delivery, global liquidity, and FII flows.
Nischal Maheshwari flags reinvention ahead for IT, backs domestic themes
Technology stocks experienced a decline as investors assessed AI’s impact on India’s IT services sector. Experts suggest adaptation over alarm, noting that while medium-term challenges
February 16, 2026