Why Santosh Kumar Singh is incrementally getting bullish on IT

Motilal Oswal AMC fund manager, Santosh Kumar Singh, remains bullish on India’s IT sector, despite the poor performance of tech companies in Q1. His view is that digital innovations are here to stay and would only increase the work of IT firms. Although concerns over ChatGPT disrupting the market have been raised, he argues that any digital innovation will benefit these companies over a 10-year period. Singh also sees value in India’s insurance space and declared health insurers as the most attractive segment in the market.