Buy Infosys, HCL Technologies: Sudip Bandopadhyay

Sudip Bandopadhyay, Market Expert told CNBC-TV18, "I have been positive on Infosys   even when the whole market was kind of negative. I think we got too much carried away by quarterly result expectations of analysts. It is a fundamentally strong company. They have been tweaking their model to get into IOT, artificial intelligence, digital and have been doing it pretty systematically." "Of course, going forward, US visa costs may go up, but that we believe will more than get compensated by currency depreciation, which we are witnessing currently. So, Infosys definitely is a good buy at current level," he said. "I would also flag off HCL Technologies   for the investors, again it is a great buy, business is rock solid, lot of good things they have done - acquisition of Volvo business unit and setting up a unit in Estonia. All these are excellent steps which will pay them handsome dividends. At current level, I think even HCL Technologies is a good buy."

Hold Hcl Infotech & M&M: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Nifty had seen a low at 8400 zones. If we get rallies, those would be shorting opportunities, unless 8550 is taken on the upside you must assume that any upmove that we may have would be shorting opportunities and the downside is open." 

"I like two stocks - HCL Technologies   looks certainly good and can climb to levels closer to around Rs 820 zones. I would have a stop loss below Rs 775 and trade long. Mahindra & Mahindra (M&M) is also looking good with targets of Rs 1,420-1,450 zones and stop loss below Rs 1,350. It may take some time for that, but that's the target," he added.