TCS is a top pick in IT space, says Radhika Gupta, Director, Forefront Capital Management.
Gupta told CNBC-TV18, "Earnings will be good for IT both on the topline and bottomline, the currency move on the whole be positive for IT, so numbers atleast ahead of expectations. HCL Tech and TCS are the ones to look at for this earnings season. Infy has rallied substantially because of the outperformance in last earnings. TCS was a little damper compared to expectations, it's traditionally been the winner, but we expect it to come back pretty strongly, so TCS would be the foremost pick followed by HCL."
She further added, " Tata Motors is actually one of the more beaten down auto names, guys like Bajaj Auto and Hero Motocorp have held up much better through what was last year, Tata Motors has taken a 50% cut, so from a valuation's basis it is a very attractive stock and people are going to start looking at a turnaround in numbers from Tata Motors, so among the auto names, especially among the 4-wheelers it's probably the smartest one to bet on."
