Buy Mindtree, Persistent, Firstsource: Vineet Bhatnagar

Vineet Bhatnagar, MD at PhillipCapital told CNBC-TV18, "My sense would be that Tata Consultancy Services (TCS) should look okay. I think that was a news-flow related knee-jerk movement that we saw in its price and I think going forward, if US as a marketplace will continue to show robust growth which would obviously result in consequent IT spending and greater client order flows for TCS, then TCS should actually be in a better place than anybody else in the largecap IT space."He further added, "Mindtree, Persistent Systems and Firstsource Solutions are buys for us.""I think the present weakness in the market which is an overhand for across all sectors could present an opportunity for some of these names," he said.