Infosys, TCS top picks in IT space, says Sukhani

Published on Wed, Jan 25, 2012 at 16:56 |  Source : CNBC-TV18

Updated at Wed, Jan 25, 2012 at 17:23  

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Sudarshan Sukhani, s2analytics.com

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Infosys and TCS are the top picks in IT space, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "The stock strategies are primarily to focus on Infosys and TCS which now appear to be completing their corrections. So those are the two stocks I was looking in the morning. But the first half in any case is choppy when the new expiry begins. The Nifty is an uptrend. So far it is in an uptrend. Traders, at least that's what I am doing, is the best way to position ourselves on the long side of the market."

He further added, " Hexaware Tech doesn't look well. I am not very keen on the midcap IT space but Hexaware in particular looks pretty bearish and downbeat. So I don't know if any stock is going to fall significantly but it's not a buying opportunity."

  

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