Hold HCL Technologies, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "We saw a fairly decent quarter from HCL Tech and at the same time, even if you look at it from a valuation perspective, among the top-four IT companies, I would say this is among the better priced in terms of valuations than the others. So, from a longer term perspective, it is a definite hold. Last year has been a nothing sort of a year for IT companies given the kind of concerns that we have seen.""You do sense that perhaps the worst is over for a lot of the IT stocks in terms of the prices that they are trading at. So, it makes sense to just hold the stock," he said.