Domestic IT shares are gradually emerging as a preferred bet for several market experts, at a time when the wider market has not been able to shrug off the overhang of disappointing earnings as well as a spate of selling driven by foreign investors. After the US election verdict, there has chatter around IT sector’s improved prospects, with hopes of higher deal value from US-based clients. The US manufacturing and BFS sector is expected to benefit from a likely extension to the corporate tax cut, due to lapse in 2025.