Increases investor confidence in IT stocks including HCL Tech, Infosys, TCS, brokerage

Brokerage in IT stocks: In the last few days, there has been an atmosphere of instability in the stock market, in which many sectors and stocks have been selling. Speaking of IT stocks, these stocks can also give signs of falling strength. Brokerage company Bernstein is bullish in some IT sectors and has buying advice here. If you are not afraid of market volatility and want to invest in good and quality stocks, you can bet on these stocks. The Nifty IT index closed up 2 percent in Tuesday’s trading session. IT stocks only caused the market to rise and on Tuesday the stock market was able to close with the green mark.

Bullish brokerage on IT stocks

Brokerage house Bernstein bulls on IT stocks and raises buying targets here. However, the brokerage house has also reduced the target of some stocks. If you have stocks like HCL Tech, Infosys, Tech Mahindra and TCS in your portfolio, first find out here what the brokerage house thinks and what strategies the company has given to the investors.

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HCL Tech

The brokerage firm maintains Bernstein’s neutral rating and lowers the stock’s target price from Rs 1,350 to Rs 1,310.

Infosys

Brokerage company Bernstein maintains an outperform rating on the stock. Here the brokerage company has reduced the target price. The target price for buying here has been reduced from Rs 2110 to Rs 2090.

Tech Mahindra

The brokerage company retains the outperform rating here. However, the company has reduced the target price here and reduced the target price for purchase from Rs 1840 to Rs 1820.

TCS

The brokerage house also raised the rating of TCS, a strong company in the Tata group, but lowered the target price. The company has reduced the target price from Rs 4380 to Rs 4320.

(Disclaimer: Investment advice here is provided by a brokerage house / expert. This is not a G-Business opinion. Consult your advisor before investing.)