Growth momentum pickup in midcaps much stronger: Ankur Rudra, JP Morgan

Ankur Rudra of JPMorgan discusses the Indian IT sector. The sector faces headwinds from the US presidential election and a potential US slowdown. AI adoption is slow, and cloud migration remains incomplete. Visa restrictions are a concern, but Indian IT firms are better prepared now. Midcap IT companies are outperforming larger firms. Financial services and high-tech are driving growth.