Samir Arora: Indian Stocks Resilient, But AI Threatens Large IT Firms

• Samir Arora (Helios Capital) views the recent Indian market sell-off as "frustration-driven selling" rather than a sign of deeper trouble.
• He advises investors to consider buying Indian stocks, noting no strong global reason to sell aggressively.
• Indian markets have risen 15-20% from March to date, outperforming global markets in the current quarter.
• Arora is negative on large Indian IT companies, believing AI adoption will shrink traditional outsourcing roles.
• He argues that buying IT stocks solely for a weak rupee is no longer a strong investment case.

Why It Matters: Expert view: Indian market sell-off is a buying opportunity, but avoid large IT.