Tech Mahindra may add 4-5%: Hemant Thukral

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "Besides Infosys, I would prefer Tech Mahindra simply for the reasons that Infosys and Tech Mahindra were the only two IT stocks which I could see fresh long open interest being built up with actually the cost increasing that means premium to future cash increasing. So, second pick would be Tech Mahindra after Infosys."

"I think Tech Mahindra also should move at least 4 to 5 percent from the current levels. Wiproand Tata Consultancy Services (TCS), I would actually wait if there is any open interest additions which I did not see on Friday," he added.