Indian IT Stocks a 'Strong Buy' After Correction, Says ASK Investment CIO

• ASK Investment Managers CIO George Joseph calls Indian IT services stocks a "thumping the table buy" post-correction.
• Joseph attributes the sell-off to excessive AI concerns, not weakening fundamentals, stating market fears are ahead of reality.
• Quality IT firms are now trading at 13-15 times earnings, with some raising guidance, indicating resilience.
• Improving macro backdrop with easing uncertainties around trade, interest rates, and GST supports earnings recovery.
• ASK Investment advises focusing on large-cap stocks (Nifty 50) and a barbell approach, avoiding mid and small caps.