Prefer TCS in the IT pack: Rajan Malik

Rajan Malik, Head-Equities, Private Client Group, MF Global in a chat with ET Now gives his views on IT sector.

ET Now: What is your call on IT?

Rajan Malik: TCS seems to be the only place where one can hide followed by HCL Tech. I do not see any major moves in either Infosys or Wipro given what happened on the results this quarter.

So, TCS may have some room before it gives up. But, that is going to be a currency move play and we will watch out for currency moves before we invest any more or even recommend it to our clients.