US IT stocks are tumbling - Positive for INDIAN stock market

SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 US IT stocks are tumbling - Positive for INDIAN stock market Since last few days US IT stocks are tumbling and IT stocks are crashed This is positive for Indian stock market As AI trade is now reversing Indian IT stocks plus Indian Equity as asset class is now getting positive inflow Gift nifty is plus 150 points Technically also we are positive We are now expected to reach 23700-23750 in coming time on nifty This view is valid till we are above 22822 Sentiments are slowly getting positive Keep IT stocks on radar for trading and positive momentum. Also the FED has kept interest rates unchanged and that is also positive for Indian equities On same lines bank of Japan also kept the interest rates same and that is also positive for Indian Equities All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24