Aashish Tater, head of research at Fortunewizard.com feels Wipro is definitely a portfolio bet from longer term perspective.
Tater told CNBC-TV18, “Wipro is coming out of Nifty for one month or so. They will be having a re-organisation exercise and that is why there will be few index managers which will definitely like to exit this particular stock. It is a better exit at current levels and then one can again re-enter or if one has got a time horizon of one year I think one should be holding this particular stock. Because we feel this is one stock which is definitely a portfolio bet from longer term perspective.”
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