IT Stocks: Is Smart Money Betting On Mid-Caps After A Terrible July Performance?

On this episode of Market Guru, Business Today speaks with Dhiraj Relli, MD & CEO of HDFC Securities, who shares his outlook on the Indian IT sector after a difficult July. With value buying returning and the index staging a sharp rebound, Relli believes the sector may have bottomed out. He explains why smart money is chasing beaten-down IT stocks, highlights the long-term opportunities in areas such as cloud, cybersecurity, and AI implementation, and makes the case for mid-cap IT companies as the sweet spot for investors over a 2–3 year horizon.