Shares of IT companies were on a positive trajectory with Infosys gaining 1.85%, Tata Tech advancing 1.12%, and Mphasis rising 1.04% as of 10:30 AM. Other notable performers included HCL Tech (+0.96%), LTIM (+0.71%), and Persistent (+0.62%). Wipro, however, edged up marginally by 0.20%, while KPIT Tech and Tata Elxsi saw declines of 0.74% and 2.08%, respectively.
Table of Performances (as of 10:30 AM):
| Stock | CMP (₹) | Change (₹) | Change (%) |
|---|---|---|---|
| Infosys | 1,917.40 | +34.90 | +1.85% |
| Tata Tech | 900.80 | +10.00 | +1.12% |
| Mphasis | 2,884.45 | +29.55 | +1.04% |
| HCL Tech | 1,930.40 | +18.45 | +0.96% |
| LTIM | 5,713.90 | +40.55 | +0.71% |
| Persistent | 6,476.60 | +39.80 | +0.62% |
| Wipro | 300.90 | +0.60 | +0.20% |
| KPIT Tech | 1,482.10 | -11.00 | -0.74% |
| Tata Elxsi | 6,603.55 | -140.20 | -2.08% |
Fund Houses Recommendations:
- Citi on Infosys: Maintain Neutral, target price ₹2035 (from ₹1965).
- Citi on Wipro: Maintain Sell, target price ₹280 (from ₹250).
- Citi on TCS: Maintain Sell, target price ₹3950 (from ₹3935).
- Citi on LTIMindtree: Maintain Sell, target price ₹5460 (from ₹5710).
- Citi on Persistent: Maintain Sell, target price ₹4840 (from ₹4220).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always consult a professional financial advisor before making any investment decisions.
