likely result in increasing opportunities for IT services companies. Despite the sector's recent re-rating to +2-SD, we extend our positive view as we believe technology spends will sustain in coming quarters. Indian IT sector will show healthy growth from improved technology spends of BFSI and Retail firms across US and Europe. Infosys and TCS will lead the growth in Tier 1 companies. LTI and Mphasis will benefit due to their proved domain expertise in BFS among midcaps....