Nucleus Software not strong, go for Tech Mahindra and Mphasis: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com talks about IT stocks.

What about mid-tier IT? How is that looking on the charts, the likes of a Nucleus Software or Polaris for that matter?

Nucleus Software has not really been that strong, though it has gone up reasonably okay in the last one or two weeks. It has not really kept pace with a Polaris or even a Rolta. Tech Mahindra, Mphasis, all of these have been making pretty good moves. This has to be placed at in an uptrend but still a little bit of a laggard compared to the leaders.