How should you position yourself in IT? Devang Mehta explans

"Investors should monitor the valuation and guidance of IT companies such as TCS, Infosys, and HCL Tech after the result season..

The importance of management commentary and guidance, particularly regarding the global economic outlook and the performance of the BFSI sector, can't be over-emphasised..

But yes, overall, once the result season is over, on a competitive basis, one can probably take stock of TCS, Infosys and HCL Tech, which is trading at what valuation and how the guidance has gone forward that is important to monitor, according to me...

The only worry that I have is after every results season, probably on the result day, there has been a huge volatility though we do not look out for that 5-7% type of corrections because in the longer term three years it just negates itself..

But the important part is that other than the numbers, it is actually the body language and the commentary of the management, a bit of guidance in how they are looking at the global scheme of things.. Unlock Leadership Excellence with a Range of CXO CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisit..

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