Next 5 years look promising for Infosys and TCS: Deven Choksey

IT would be a relatively good choice of stocks to buy into during the dips in the market, says the MD, KR Choksey Investment Managers.

Do you think what consumer stocks did in the last five years, IT could do in the next five?
This is definitely looking like a very interesting space. I was keenly looking at the interaction and at the same time commentary coming out from Infosys NSE 0.50 %. They very categorically said that digital constitutes 44% of their business right now and they are expecting it to go up to 50% and above because the growth rate over there is 25%. So the overall growth in the company is not as strong but the digital side with a growth rate of more than 25%, is one area where things are looking up very distinctly, in different verticals.