Lay off Wipro at the moment: CK Narayan

CK Narayan, President Treasury, Sharyans Resources in an interview with ET Now talks about Wipro.

What is your take on Wipro?

Wipro, if you take the leader stocks among the IT pack, Wipro has not been doing as well as may be let’s say TCS or HCL Tech or may be even some bit of Infosys, so I would lay off Wipro a bit for the moment. It is actually moving down a bit and I would lay off Wipro and if I am actually interested in the IT sector for trading or play for a short-term investment, I would rather stick with TCS or may be even look at an HCL Tech but not Wipro for the moment.