HCL Tech preferred pick over Infy, TCS: Ambit Capital
Saurabh Mukherjea, Head of Equities at Ambit Capital says Infosys is a strong sell while TCS lags HCL Tech as the preferred pick. The Sensex is likely to correct to 18,000 levels on the back of below par GDP growth. Earnings for FY12 are likely to be 6-7 per cent, he adds.
