SP Tulsian positive on midcap IT stocks
In an interview to CNBC-TV18, market expert SP Tulsian shared his reading and outlook on specific stocks and sectors.
On IT sector, Tulsian said, “For the last one month or so, we have been keeping a neutral stance on the larger IT stocks. However, on the midcap IT stocks, we are quite positive."
Third quarter numbers have to be watched carefully and the numbers will not see disappointment from the midcap IT companies, Tulsian said.
"Prominent midcap IT stocks could be Hexaware, Tata Elxsi, Persistent Systems, Mindtree, or maybe twins of L&T -- L&T Technology Services and L&T Infotech. In fact, these 5-6 stocks are really looking quite good,” he added.
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