Positive impactSector
IT stocks could hit new all-time highs in 6-12 months, says Sowilo's Sandip Agarwal
CNBC-TV18 1d ago·16 Oct 2026, 5:02 am
Sowilo Investment Managers' Sandip Agarwal believes the information technology sector is poised for significant growth over the next year. He predicts that IT stocks could reach new all-time highs, driven largely by the rapid adoption of enterprise artificial intelligence. Agarwal specifically favors IT services companies over engineering, research, and development firms, citing superior valuations and a more attractive risk-reward profile.
For investors, this signals a potential shift in focus toward the core IT services segment. As businesses increasingly integrate AI into their operations, these companies are expected to benefit from robust demand and long-term growth prospects. This outlook suggests that the broader IT index may continue its upward trajectory, presenting a compelling opportunity for those looking to participate in the sector's expansion.
Excerpt from CNBC-TV18
Published On Oct 16, 2026 | 10:32 IST Last Updated On Oct 16, 2026 | 10:32 IST Sandip Agarwal of Sowilo Investment Managers predicts Indian IT stocks could hit new all-time highs in 6-12 months as AI-led deflation eases and earnings improve. He favours IT services over ER&D firms, seeing better risk-reward…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.
