TCS, Infosys good bet, says Hemant Thukral

TCS and Infosys are good bet, says Hemant Thukral, Head, Derivatives Research, SBI Capital Securities.

Thukral told CNBC-TV18, "IT is one sector which is suggesting some strength specially I would pickup TCS and Infosys because both of them are showing rollovers with a higher cost at least one of the sector which is suggesting long positions being rolled to the next series."

He further added, "In midcap IT stocks something like Hexaware or Financial Technologies or for that matter even Polaris, there are few stocks which are suggesting long rollovers to the next series. So IT still suggests strength and I would straight away bet with Infosys and TCS."