SP Tulsian of sptulsian.com advised buying Infosys. According to him, the stock has good potential to move up to Rs 2,400.
Tulsian told CNBC-TV18, “I have chosen two buys and two sells. First is the buy on Infosys because all the IT stocks are seen to comeback on the focus. And if you really see the three biggies that is Tata Consultancy Services (TCS), HCL Tech and Infosys, probably Infosys holds the good potential to move up and can move to a level of Rs 2,400 or so.”
The stock gained 0.91 percent to close at Rs 2,307.80 on Bombay Stock Exchange on Friday.