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After one of the most remarkable results for an IT company, we continue to believe Infosys will come back with a bang. With its majority (60%) client base from USA – which is a strong market – Infosys will do better than other IT firms having larger client base in Europe which is not doing so well. Tech Mahindra may be the best alternative to investing in Infosys in our opinion which is also a strong buy for us (TM is as 52W High). However, based on risk reward basis, we prefer Infosys over TM – though both will do exceptionally well. We do not believe taking the entire IT Index is a good idea, since several will fail to clock good results. We are of an opinion that Infosys & TM are better bets going forward.

-Written by Shivam Parikh