Indian I.T. Stocks Under Pressure: Is India's I.T. Recovery Losing Steam? Expert Explained

India's IT sector has delivered a mixed earnings season so far, with companies like TCS, HCLTech and LTIMindtree avoiding major disappointments. However, warning signals from global technology giants, including IBM and earlier Accenture, continue to weigh on investor sentiment. CA Tapan Doshi, Research Analyst, believes IT stocks may remain in a consolidation phase as companies prioritize spending on AI infrastructure and hardware over software. While valuations have turned attractive, he says the sector could remain better suited for trading than long-term investing until there is greater clarity on AI-driven growth. Watch this video for the complete market outlook and analysis.