Nuvama Predicts 84% Jump in IT Shares, Investors Could Get Rich in 12 Months

• Nuvama dismisses Generative AI fears, stating IT shares are attractive after recent sell-off.
• Brokerage firm expects IT shares to see up to an 84% jump, with investors potentially getting rich in 12-15 months.
• Target prices raised for top-10 IT companies; Coforge leads with an 84% upside target of ₹2100.
• Nuvama believes IT companies will always be needed for system integration and customization, even with automation.
• Other companies like Mphasis, LTIMindtree, TCS, Infosys also show significant upside potential.