Dharmesh Kant sees another 5-10% upside in IT stocks. He said the rally could continue as AI-related deal wins offset weak traditional spending. Kant prefers TCS, HCLTech and Tech Mahindra for this move. He noted, "I see this as a tactical trade rather than a long-term structural call for investors."
India's IT stocks could extend their recent rally as AI-related deal wins continue to offset weakness in traditional technology spending, according to Dharmesh Kant, Head of Research at Chola Securities. While he sees another 5-10% upside in select IT stocks, he describes the move as a tactical trade rather than a long-term structural call. He also shared his outlook on Urban Company, hospitals and banking stocks. Watch the full interview. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.