Indian IT shares saw a significant valuation boost during the digital surge caused by the pandemic, followed by a decline as international technology expenditure dipped. Although the valuations of large-cap firms have mostly settled back to their long-term norms, artificial intelligence is now the primary catalyst for growth. Moving ahead, the sector's market value will hinge on a rebound in corporate tech budgets and how effectively firms can turn AI prospects into revenue.

by shortkt.com✓

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