Rupee tailwind vs AI scare: Are India's beaten-down IT stocks attractive enough to buy amid US-Iran war?
Indian IT stocks are facing a dual challenge. Fears of artificial intelligence disrupting traditional outsourcing models are weighing on the sector. However, geopolitical tensions and a weaker rupee are providing unexpected support. Analysts are divided on whether current valuations offer attractive entry points for long-term investors. The sector is at a crossroads, with a structural transition underway.