Pick Infosys in IT space, says Vijay

Published on Mon, Oct 06, 2008 at 10:22 |  Source : CNBC-TV18

Updated at Mon, Oct 06, 2008 at 11:09  

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PN Vijay, Portfolio Manager

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Portfolio Manager, PN Vijay is of the opinion that in the IT space one can enter Infosys Technologies .

Vijay told CNBC-TV18, "Getting very mixed signals on IT. Satyam owners saying that they are strong about their guidance and the markets reacting wrongly to business prospect for the company. Satyam has been the most beaten down of all the IT majors. So on one side people are scared that business is going to be dented because of the meltdown in the Wall Street but on the other hand rupee has depreciated so much. So it's difficult to say but if one were to enter IT obviously one would enter Infosys."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

  

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