Buy TCS on declines: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about IT pack.

ET Now: What about technology pack, TCS, Infy?

Ashwani Gujral: Clearly Infosys is weaker than TCS but would you buy either of them, I do not think so because overall the tech sector looks weak. TCS may not come down as much, maybe 1050-1060, those could be good levels to enter into TCS. Infosys also 2660 is the previous intermediate lows. So it could also get into some kind of a range. They are unlikely to fall too much from here because they will always see some kind of defensive buying but clearly you have to buy a tech, maybe TCS is better than Infosys but certainly wait for some kind of a correction before buying into it.