Hemant Thukral cautious on HCL Technologies, TCS

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "For me the way the rollovers are shaping up, in three sectors I am seeing a lot of shorts being pushed up. One of them is cement. So cement I will be really cautious. Even though JP Associates has been doing good but the rollovers are not following up."

"We have to divide the private banks with the midcap PSU banks. They are the ones which are seeing a lot of shorts being rolled. Real estate - I don’t know how much DLF result will make a difference today but the way the positions are being rolled, I will be slightly cautious."

"IT I have a mixed bag because I would not buy HCL Technologies or Tata Consultancy Services (TCS) but I still feel that Infosys rollovers are much better. But I will be cautious about HCL Technologies and TCS."