Invests in IT sector at lower levels: Mohindar

Published on Thu, Jul 09, 2009 at 16:45 |  Source : CNBC-TV18

Updated at Thu, Jul 09, 2009 at 18:01  

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Rahul Mohindar, Viratechindia

Excerpts from Closing Bell on CNBC-TV18 Watch the full show »

Rahul Mohindar of Viratechindia is of the view that one can invests in IT sector at lower levels.

Mohindar told CNBC-TV18, "I still think, Infosys is going to be in a sideways to an upward kind of move. If one looks at technology on the whole, I think frontline tech both TCS and Infosys look good to me. I don't see greater than 3-4% downside which we would happen if the market were to slip down on the technology stocks. The real sell off I don't think is going to be in this sector, so one can look at investing into it at lower levels."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.

  

Entities: Rahul Mohindar
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