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IDFC’s Top IT Picks For 2014

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December 27: There are no real midcaps in the IT services space, says Hitesh Shah, Director - Research for IT Services and Telecom at IDFC. Among small caps, IDFC likes Persistent and KPIT, which could be potential two-baggers in the future. In large caps, IDFC expects TCS, Infosys and Wipro to give 25-30% returns in 2014, he says, adding that he prefers Tech Mahindra over HCL.