IT Valuations Already Price in Much of AI Risk, Says ICICI Prudential’s Chintan Haria
The sharp correction in Indian information technology stocks may already reflect a large part of the market’s anxiety over artificial intelligence-led disruption, according to Chintan Haria of ICICI Prudential AMC. He said the Nifty IT index’s roughly 25% decline in 2026 has created selective opportunities in companies better placed to benefit from data engineering, cloud migration, legacy modernisation and AI integration.
