Indian IT stocks are at their cheapest since mid-2020, presenting a buying opportunity. Fund managers suggest gradual accumulation over two years as valuations have significantly compressed. Despite concerns over AI and recent sell-offs, the sector’s improving deal momentum and expanding market offer potential for value investors. A balanced approach combining lump sum and staggered investments is advised.
Rupee slips 9 paise as dollar demand keeps up pressure
The rupee closed at 96.35, nine paise weaker from its previous close of 96.26 as consistent dollar demand continued to pressure the currency. The currency
July 17, 2026