Bharti Airtel is a good be around Rs 300, says Hemant Thukral, National Head-Derivative Desk, Aditya Birla Money.
Thukral told CNBC-TV18, "Among IT stocks TCS and HCL Tech are showing very good rollovers with the rising cost. So I don’t see them being penalized in the same manner as Wipro or Infosys. I think at every dip you will see buying coming in both of them. In fact TCS is looking quite strong to me. So I think in any of the dips these two will show a substantial buying interest."
He further added, "On the telecom side I will really be interested in Bharti. It has already approached Rs 290-300, that has seen a very strong support for it and the way the rollovers have started jumping in last two days with stock rebounding from Rs 300, I think around Rs 300 levels Bharti is a very good bet. So in IT, TCS and HCL Tech and in telecom Bharti should be kept on radar."
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