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Positive on Hexaware, Tata Elxsi, Persistent Systems on dips, says SP Tulsian

We are positive on few select midcap IT stocks like Hexaware, Tata Elxsi or maybe Persistent Systems kind of things, said SP Tulsian.

We are positive on few select midcap IT stocks like Hexaware, Tata Elxsi or maybe Persistent Systems kind of things, said SP Tulsian.
"We won't be comfortable in taking positions in the larger IT stocks. Maybe they are all moving up because of the currency weakness. However if you take a general call, all of them we have been seeing the exuberance now seen happening in the large cap also," he said.
We wont be taking a general positive view on the larger IT stocks whether it is HCL Tech, TCS, Infosys or maybe Tech Mahindra, said Tulsian.
Speaking on Granules India he said, " There is no point taking a call on the business because this stock also falls in the category of those 46 stocks, so the trading position adjustments are seen happening. In spite of the pharma sector seeing some kind of renewal, I won't say I am negative on Granules from fundamental point of view but it is very difficult to take a call only from that angle without taking into consideration these technical factors also."
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