Shardul Kulkarni of Angel Broking told CNBC-TV18, "In case of Tata Consultancy Services (TCS) Rs 1960 would be my stoploss and Rs 2200 would be my target. We can see significant upside in Tech Mahindra. I would look at Rs 1500 target price in the stock, Rs 1328 would be the stoploss on the lower side."
"We feel that probably Infosys may not rally that much but the other IT counters like TCS and Tech Mahindra should do significantly better over the next few days. The rupee should depreciate going forward, so as a result IT will be the biggest beneficiary of that," he said.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
