Nilesh Shetty of Quantum Advisors shifts from bullish to cautious on India due to Middle East conflict. He sees potential for prolonged market correction. However, Shetty identifies Indian IT services as a contrarian buying opportunity. He believes AI fears have unfairly punished these stocks. Shetty sees value in IT firms positioned to integrate AI into existing systems.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets