Information Technology PE expansion to drive next rally in Indian IT stocks, says CLSA; picks Infosys, HCL Technologies Updated : August 20, 2020 12:46 PM IST CLSA expects reduced risk of regulatory action in the US and strong cross-currency tailwinds after several quarters of headwinds should help the Indian It companies. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.