Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, said IT stocks are emerging as a tactical play as rupee weakness boosts earnings visibility despite global macro concerns. He expects large IT firms to deliver over 10% earnings growth this year, aided by currency tailwinds. Ravuri also remains positive on domestic sectors like financials, autos and consumer durables, while warning that war-led input cost pressures and supply disruptions could weigh on corporate earnings in the coming quarters.
