Buy Mindtree, Hindustan Unilever: Manoj Murlidharan

Manoj Murlidharan of Religare Securities told CNBC-TV18, "We feel IT as sector might outperform at least in the fortnight. We like Mindtree. This is one stock where there is huge correction which has happened but off late even during expiry we have seen there is an accumulation in the form of an fresh arbitrage which happens. So, we like the stock and we recommend buying it on the November futures; Rs 430 is where we recommend you can buy that, stop loss should be Rs 410 and we are expecting a good move all the way till Rs 472." "The second stock would be Hindustan Unilever (HUL). Yesterday, there is good derivative money which had come in, in terms of long built up. So, we recommend adding on to a follow on buy as well on that; Rs 840 is a level we recommend buying that and Rs 820 is the stop loss and we are expecting close to Rs 872," he said.