Prefer Infosys, HCL Tech; buy Cyient: Ravi Menon

Ravi Menon, Analyst-IT Services at Elara told CNBC-TV18, "If Tata Consultancy Services (TCS) does disappoint, if it comes to anything below four percent in constant currency terms, then that will be considered a disappointment, but then you do not really have too much. If someone is cautious about the whole space, then people might say that everybody is cautious about growth.""HCL Technologies has given a warning, Infosys has given a not very encouraging guidance, so people might actually turn sceptical. But my ground level checks do not suggest anything of that sort – demand is quite healthy. So, I would urge my clients to buy in into that. Our preferred picks are Infosys and HCL Tech over TCS," he said."The only midcap I cover right now is Cyient on which I have a buy. I do not cover anything else as of now," he added.