Capitalmind AMC stays cautious on midcap IT, sees AI uncertainty weighing on outlook

Anoop Vijaykumar, Head-Equities at Capitalmind AMC, said the investment firm has limited exposure to IT because of uncertainty around AI’s impact on earnings and business models. He said large-cap IT offers better valuation comfort than midcaps, while select mid-sized private banks remain attractive due to steady loan growth and reasonable valuations. Vijaykumar also advised caution on industrial and capital goods stocks, saying much of the growth optimism is already reflected in prices. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.