The cash is real: Asit Bhandarkar stays underweight IT, goes bullish on smallcaps

Asit Bhandarkar of JM Financial Mutual Fund advises investors to temper IT sector concerns, advocating for a disciplined approach. He suggests a slight underweight in IT, urging against panic selling. Instead, focus shifts to smallcap stocks exhibiting strong earnings momentum, presenting a more compelling opportunity after recent market corrections and valuation resets.