Sushil Kedia's Bold IT Stock Prediction: Up to 30% Surge Expected, Wipro HCL Tech Could Jump 50%

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Sushil Kedia Bets Big on IT Stocks: Up to 30% Surge Expected, Wipro & HCL Tech to Lead

Sushil Kedia Bets Big on IT Stocks: Up to 30% Surge Expected, Wipro & HCL Tech to Lead

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CNBC Awaaz•24-02-2026, 10:57

Sushil Kedia Bets Big on IT Stocks: Up to 30% Surge Expected, Wipro & HCL Tech to Lead

•Market expert Sushil Kedia sees IT stocks as "wounded, therefore lethal," anticipating a strong comeback after recent declines.
•Technical indicators suggest a potential 30% surge for the IT index, with current weakness viewed as an investment opportunity.
•Kedia specifically highlights Wipro and HCL Tech, projecting up to 50% growth for these two major IT stocks.
•He notes that IT stocks are oversold, have formed a strong support zone, and valuations are attractive after the decline.
•The risk-reward ratio in IT stocks is favorable, with technical charts showing signs of a strong recovery.

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