Worst is behind for IT: Largecaps set for 15–20% upside as AI reshapes business models, says Deven Choksey

Deven Choksey says the worst is behind India’s IT sector as large firms like TCS and Infosys shift to AI-driven, asset-heavy models and invest in data centres and platforms. He expects a 15–20% upside once global clarity improves. Large caps may outperform first due to attractive valuations, while mid-tier IT will join the rally gradually.