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IT stocks continue to remains under pressure on back of talks of re-introduction of immigration bill which proposes to increase wages from USD 65,000 to USD 100,000.
Mayuresh Joshi of Angel Broking is of the view that TVS Srichakra may test Rs 3240 in next 9 months.
Sudarshan Sukhani of s2analytics.com recommends buying TCS and feels that one can stay away from Wipro.
IT major Wipro today followed in the footsteps of peer TCS, and said it expects the recent deluge in Chennai to have a material impact on its third-quarter earnings.
Vineet Bhatnagar of PhillipCapital says investors should use the current market weakness to buy stocks.
