Market expert Anand James suggests caution following recent volatility. He notes the Nifty needs to break above 24,140 for a confirmed upswing. IT stocks are oversold, but a short-term bounce is possible. James recommends a selective approach, prioritizing technical confirmation before making new investments in the coming week.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also