New Delhi, Oct. 22 -- Indian IT stocks haven't been crowd favourites in recent years. Even long-term investors who were willing to stay patient have little to show for it.

The BSE IT Index makes that clear. In the last four years, it has gone almost nowhere. There were two brief periods of excitement: one after the covid-19 outbreak crash in 2020 and another recovery between April 2023 and December 2024. Outside of those short rallies, anyone who bought IT stocks after 2020 has barely made any money.

This isn't because the sector is broken. India remains the world's leading IT sourcing destination with about 55% global market share. The industry is on track to reach $350 billion in revenue by 2026 and contribute nearly 10% of India's gr...