Infy a preferred bet in IT; Tata Motors, Ashok Leyland top auto picks: Rahul Shah

Rahul Shah, VP-Equity Advisory, MOFSL, says “we have seen a few pockets here and there and most of the midcap IT companies have rallied. A lot of them have hit a 52-week high as well. I feel that largecaps need to catch up. So I prefer Infosys and HCL Tech in the entire basket.”

What has been your takeaway from the auto sales data clocked in so far? How are you anticipating that players from this space are likely to perform in the long haul?