Sandip Agarwal of Edelweiss Financial Services said they haven‘t changed their hold rating on TCS and does not see a significant downside.
Market expert, Jai Bala of Cashthechaos.com believes that Nifty is undergoing a short-term healthy correction.
According to Sashi Krishnan, CIO, Birla Sun Life Insurance, there are signs of pick up in investment cycle, which would bring in the DIIs and FIIS that have been waiting on the sidelines.
KRChoksey is bearish on 3i Infotech and has downgraded the stock from hold to sell with a target price of Rs 15.9, in its December 14, 2011 research report.
PN Vijay, Portfolio Manager, tells CNBC-TV18 that the market is most likely to breakout of the tight range it is stuck in, on the positive side.