New Delhi, Nov. 3 -- Largecap Indian IT services companies such as Tata Consultancy Services (TCS), Infosys and HCL Technologies are expected to benefit from robust third-quarter earnings reported by major US banks, which continue to prioritise their technology spending despite macroeconomic uncertainties, analysts said.

The banking, financial services, and insurance (BFSI) vertical accounts for a significant portion of revenues for large Indian IT companies. With US banks reporting strong operating performance and maintaining steady investments in digital and AI-driven transformation, the outlook for Indian IT providers remains optimistic.

Leading US financial institutions - including JPMorgan Chase, Bank of America, Citigroup, Goldman...