Prefer Infosys, HCL Technologies: Gaurang Shah

Gaurang Shah of Geojit BNP Paribas told CNBC-TV18, "Good time to get into the Tata Group stock but you need to identify what you are buying and not only Tata Group, there are other companies in the IT sector which have been well managed and has created value over a period of time. So, with that perspective and given that Tata Elxsi has run up quite a bit, you might see some kind of volatility, so you need to stay away from that kind of volatility.""In our view, Infosys or HCL Technologies, either of these companies may turn out to be a better investment idea from a long-term point of view and it may actually create great value for you. As a disclosure, we do have positive coverage on both of them, so my advice would be to buy either Infosys or HCL Technologies," he added.