Infosys would arrest decline in its consultancy biz: Ajay Bodke

At the investors meet held in Pune, Infosys CEO Vishal Sikka sounded very confident, said Ajay Bodke, CEO and Chief Portfolio Manager at Prabhudas Lilladher. He hopes the company will hold on to its guidance."The management was clearly alluding to the fact that second quarter growth would be better than the first and that it would arrest the decline in the consulting business," he added. Speaking to CNBC-TV18, he said market is factoring in possibility of guidance cut by Infosys. The firm prefers Infosys among tech stocks.Watch video for more.