Multibagger Stock: Last week, the Indian benchmark indices saw a significant rise. Sensex and Nifty 50 both gained more than 2%. The recent strength has broken the sideways trend that has existed for a few weeks. If you are looking to invest in the IT sector, then let us tell you that HDFC Securities has recommended four IT stocks to buy.
HDFC Securities is expecting the stock to go beyond the current market price of Rs 1,709 in Infosys. The firm has set a target price of Rs 1,995 on the stock.
According to HDFC Securities, Wipro can go above the current market price of Rs 673. The firm has set a target price of Rs 690 on the stock.
According to the brokerage firm, the stock of HCL Technologies will go above its current market price of Rs 1251. The firm has set a target price of Rs 1,450 on the stock.
The brokerage firm has also expressed hope of going up the site. The current market price of this stock is Rs 1160. The firm has set a target price of Rs 1,330 on the stock.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
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