TCS vs Wipro: Nomura bets on AI deals to protect 2026 Margins; sees up to 33% upside

India’s information technology sector is in focus. While companies continue to invest heavily in Artificial Intelligence (AI), uncertainty in the global economy and cautious spending by clients remain near-term challenges.

In the latest report, the brokerage house Nomura has maintained a positive stance on two major technology stocks – Tata Consultancy Services (TCS) and Wipro.

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