Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "I would prefer Tech Mahindra at this point in time at this price point. Infosys’ numbers were very good, at the time of the result it was evident that Rs 4,200 was going to be a price that it would reach and it has reached at in a very short period of time, so that is the concern that within a short period of announcing one quarter of good numbers we have seen the stock run up sharply. So I would buy Infosys on dips."
"If correction is seen in market and if Infosys go down to Rs 3,800-3,900 levels then it would be an ideal time to buy the stock. If the investors want to buy something right away then buy Tech Mahindra. I would have a target of about Rs 3300 on it," she said.
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