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videos | IST

Extremely positive on midcap IT stocks, says SP Tulsian

SP Tulsian discusses with Anuj Singhal and Surabhi Upadhyay his analysis on the fundamental side of the market as well as specific stocks and sectors.
On midcap IT stocks, Tulsian said, they are extremely positive, today the Mindtree and Hexaware Technologies have been our prime pick in the midcap IT along with Tata Elxsi, Persistent Systems, Cyient.
"I think these type of events whenever you see the stake sale happening by the promoters and if you have the visibility and consistency in terms of the growth seen visible available for next two to three years those stocks should definitely be lapped up," he said.
On Punjab National Bank (PNB), he said, “Amongst all the PSU bank you have the best risk-reward in favour of buying PNB and if you really want to take the probability it is 10 percent risk and 90 percent gain."
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