Piyush Pandey believes AI disruption fears for Indian IT stocks are overblown, with current valuations being “extremely comfortable.” He sees long-term opportunities outweighing short-term volatility, predicting improved performance in FY27 compared to FY26 due to increased productivity and a shift to outcome-based projects.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader