Expect volatility in IT stocks ahead of Q3 earnings, invest for long term, says Aamar Deo Singh

Most of the Indian IT stocks, including TCS, Infosys, Wipro and Tech Mahindra, have all witnessed sharp profit booking over the past couple of weeks, post the spectacular rally in these stocks, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. Investors appear to be cautious ahead of quarterly results, as these stocks could witness increased volatility in the coming week, Singh added.