Motilal Oswal has upgraded Infosys, Mphasis, and Zensar Technologies to a "buy" rating, with Wipro moved to "neutral." The brokerage sees significant upside potential, with Coforge topping the list at 67%. Motilal Oswal highlights that the Nifty IT index's low weightage in the benchmark index offers an attractive investment opportunity, anticipating growth recovery driven by AI adoption starting in H2 FY27.