TS Anantakrishnan bullish on IT space

TS Anantakrishnan, Head - Prime Wealth Management is bullish on IT space.

Anantakrishnan told CNBC-TV18, "HCL Tech has exceeded our expectation and it is not just this quarter earnings if you actually look at what their expectation are for the next few quarters they have been quite bullish, so is the case with TCS." He further added, "Infosys always muted with their expectation because when they started last year they talked about 16% growth and they ended up doing more than 25%. So from that perspective we are quite bullish on IT. Also from an US recovery perspective we think IT and pharma are the place to have."