Tariff noise overstated, markets attractive now at 18x one-year forward earnings; IT is a must-buy, says Anand Rathi’s Varun Saboo

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Varun Saboo of Anand Rathi sees tariff fears as overstated, with India’s GDP hit capped at 70–80 bps. He highlights resilient domestic flows, policy support, and attractive valuations at 18x forward earnings. IT stocks, trading below historical multiples, remain his must-buy sectoral bet.