Positive impactSector
AI disruption is no doomsday for Indian IT; mid-caps offer bigger opportunity: Bajaj Life Insurance
CNBC-TV18 2d ago·28 Aug 2026, 7:47 am
Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, argues that Artificial Intelligence will not spell the end for Indian IT services. Instead, he views the technology as a major driver for growth, creating new opportunities for the sector. This perspective challenges the common fear that automation will render traditional IT roles obsolete.
Ravuri suggests that investors should look beyond the large-cap IT giants. He believes mid-cap IT companies offer a more attractive opportunity, potentially delivering higher returns. His bullish outlook also extends to the autos and consumer discretionary sectors, citing strong domestic demand and the upcoming Pay Commission hike as key growth catalysts.
For investors, the key takeaway is to stay diversified. While the broader IT sector faces transformation, specific segments and other industries like autos and consumer goods may present the next wave of market winners. Keeping an eye on these trends will be crucial for portfolio management.
Excerpt from CNBC-TV18
AI disruption is unlikely to derail the Indian IT industry, with mid-cap technology companies potentially better placed to benefit as businesses adopt artificial intelligence (AI), according to Srinivas Rao Ravuri, Chief Investment Officer at Bajaj Life Insurance. He said mid-cap IT companies can move faster and see a…Read the original at CNBC-TV18
Key takeaways
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
