Redington India a good pick in the IT space: Saurabh Mukherjea, Execution Noble

Saurabh Mukherjea, Head of Indian Equities, Execution Noble, in a chat with ET Now talks about HCL Technologies.

Why do you like Redington India?

Amongst IT distributors, we see Redington India as a play on affluence in our country. We also see that as a play on - the fact that within the country the IT services cycle is turning - demand both from the retail and from corporate India is growing for hardware and software. Hence Redington India as a play on domestic affluence is one of our picks in the IT space.