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  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Rahul Mohindar, Viratechindia

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

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.

  

Trending News

Business News

Indian PC market growth sluggish in Q1; Lenovo tops the list
Coal India Q4 net falls 5%; maintains target for FY13 "Coal India Q4 net falls 5%; maintains target for FY13"

Class 12 results to count; IITs, NITs to have one JEE

Birla Corp Says Chanderia Mining Ops Stopped Following HC Order

The latest earning numbers FIRST on CNBC-TV18
Videos

May 28 2012, 21:07

Steady market: Experts tell you what to buy or sell now?

- in Market Edge

May 28 2012, 10:38

Buy Bajaj Auto, Hero MotoCorp on dips: Mehraboon Irani

- in MARKET OUTLOOK

Interviews

May 28 2012, 20:00 | Source: CNBC-TV18

All asset classes to rally if Germany gives in: Uday Kotak  

May 28 2012, 19:45 | Source: CNBC-TV18

Will meet targets, customers to pay import cost: Coal India  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!