Gautam Trivedi, MD & CEO of Religare Capital Markets told CNBC-TV18, "Infosys remains the top pick in the IT space and we believe that it doesn’t deserve to trade at a discount to Tata Consultancy Services (TCS). So, we think that Infosys should regain some of its valuation gap that it has right now with TCS."At 11:59 hrs Infosys was quoting at Rs 1,104, down Rs 8.65, or 0.78 percent on the BSE.The share touched its 52-week high Rs 1,167.60 and 52-week low Rs 798.21 on 20 February, 2015 and 10 July, 2015, respectively.
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