Tata Consultancy Services (TCS) is a good bet in the technology space, says Rajat Rajgarhia, Motilal Oswal Securities.

Rajgarhia told "Infosys and TCS were both good. In fact TCS was better than Infosys. I think you are seeing the entire tech pack, atleast the larger guys reporting well. It is now a question of how much of that is being priced-in. So, within the technology space if you dissect the numbers, TCS numbers still fares better – whether it is volume growth or whether it is an overall commentary on what they are seeing in some of the key geographies. So, we think at today’s valuations given the kind of numbers that are being reported, TCS is a stock that investors can bet in the technology space. But the numbers for this quarter have been good and the guidance especially that TCS has been giving more in qualitative terms seems to be indicative of good times going forward."