Investors should stay selective as IT, banking show mixed signals: Sandip Sabharwal

Indian IT stocks are seeing a rally but may offer modest returns. Banks, especially large private and PSU banks, are expected to perform well. NBFCs remain a solid investment choice. Investors should be selective. AI’s impact on India will take time to materialize. Data centers are capital intensive with unclear returns. Top-tier NBFCs are recommended for safety.

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