AI fear over IT overdone, but near-term pain likely to persist: Seshadri Sen

June 19, 2026

Indian IT services face persistent pressure due to AI disruption fears, with market expert Seshadri Sen advising tactical caution despite attractive long-term valuations. While inflation risks are contained, rural demand remains a monitorable. Sen favors domestic consumption and industrials, anticipating improving earnings breadth into FY27.

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