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Everyone selling IT stocks after record crash, but this Rs 1.3 lakh crore mutual fund doing the exact oppo - The Economic Times

Analysis of this story by The Economic Times · 10 Mar 2026, 1:18 PM IST (about 2 months ago)

BEARISH(70%)
sell
+22.1INFYWIPROauto

AI Analysis

Contrarian investing by large institutional funds can signal a potential turning point for a sector, especially after a significant downturn. It suggests a belief in long-term fundamentals.

Trading Insight

Cautious accumulation of fundamentally strong IT stocks; avoid shorting aggressively.
Quick check: INFY bearish bias (oversold), WIPRO neutral (oversold).

Key Evidence

  • •Everyone selling IT stocks after record crash.
  • •A ₹1.3 lakh crore mutual fund is doing the exact opposite (buying).
  • •Risk flag: further global economic slowdown
  • •Risk flag: prolonged client spending cuts
  • •Risk flag: fund's specific investment thesis may not apply broadly

Affected Stocks

INFYInfosys
Mixed

Similar to TCS, if a large fund is buying IT stocks, it implies a contrarian view on the sector's leading players.

WIPROWipro
Mixed

The contrarian buying could extend to other large-cap IT companies, suggesting a potential sector-wide value play.

Sectors:auto

Sources and updates

Original source: The Economic Times
Published: 10 Mar 2026, 1:18 PM IST
Last updated on Anadi News: 10 Mar 2026, 3:44 PM IST

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Everyone selling IT stocks after record crash, but this Rs 1.3 lakh crore mutual fund doing the exact oppo - The Economic Times | Anadi Algo News