Buy Subros, Lupin, Sun Pharma & Sell IndusInd Bank, Cipla Future

Stock Recommendations: Subros Ltd (SUBR) is a buy call with a target of Rs. 182-190 and a stop loss of Rs. 160. Lupin Ltd (LUPN) is a buy call with a target of Rs. 900-940 and a stop loss of Rs. 790. Sun Pharmaceutical Industries Ltd (SUN) is a buy... The post Buy Subros, Lupin, Sun Pharma & Sell IndusInd Bank, Cipla Future appeared first on stockinvestor.in.

Buy Subros, Lupin, Sun Pharma & Sell IndusInd Bank, Cipla Future

Stock Recommendations:

Subros Ltd (SUBR) is a buy call with a target of Rs. 182-190 and a stop loss of Rs. 160.

Lupin Ltd (LUPN) is a buy call with a target of Rs. 900-940 and a stop loss of Rs. 790.

Sun Pharmaceutical Industries Ltd (SUN) is a buy call with a target of Rs. 505-520 and a stop loss of Rs. 448.

 

IndusInd Bank Ltd (INBK) is a sell call with a target of Rs. 410 and a stop loss of Rs. 446.

 

Cipla Ltd Future is a sell call with a target of Rs. 565-547 and a stop loss of Rs. 605; last traded price: 587.70.

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.

The post Buy Subros, Lupin, Sun Pharma & Sell IndusInd Bank, Cipla Future appeared first on stockinvestor.in.

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IT shares on May 11th; Hexaware Technologies jumped almost 8%

IT shares on May 11th; Hexaware Technologies jumped almost 8% IT shares on May 11th: On Monday, both Sensex and Nifty continues its bullish trend in the stock market. The Sensex is trading above 31,800 level, and Nifty is trading above the 9,300 level in the stock market. The Sensex... The post IT shares on May 11th; Hexaware Technologies jumped almost 8% appeared first on stockinvestor.in.

IT shares on May 11th; Hexaware Technologies jumped almost 8%

IT shares on May 11th; Hexaware Technologies jumped almost 8%

IT shares on May 11th: On Monday, both Sensex and Nifty continues its bullish trend in the stock market. The Sensex is trading above 31,800 level, and Nifty is trading above the 9,300 level in the stock market. The Sensex gained 231.41 points with a 0.73% increase and reached a 31,867.85 level. While Nifty gained 72.45 points with a 0.78% increase and reached 9,323.95 level.

On the other side, the number of coronavirus cases in India reached 67,152 as of Monday, May 11th, and deaths reached 2,206.

Besides, the Nifty IT index on Monday reported a bullish trend in the stock market. It gained 256.95 points with a 1.92% increase and reached a 13,660.55 level. The list IT shares on May 11th reported a bullish trend in the stock market is as follows:

Infosys Limited: The company trading bullishly in the stock market on Monday. The company gained 10.75 points with a 1.59% increase and reached 684.95 INR. While in BSE, the company gained 10.75 points with a 1.59% increase and reached 685.40 INR.

Tata Elxsi Limited: The company trading bullishly in the stock market on Monday. The company gained 1.55 points with a 0.20% increase and reached 773.05 INR. While in BSE, the company gained 0.70 points with a 0.090% increase and reached 773.15 INR.

Wipro Limited: The company trading bullishly in the stock market on Monday. The company gained 3.30 points with a 1.79% increase and reached 187.35 INR. While in BSE, the company gained 3.25 points with a 1.77% increase and reached 187.25 INR.

NIIT Technologies Limited: The company trading bullishly in the stock market on Monday. The company gained 29.45 points with a 2.10% increase and reached 1,432.00 INR. While in BSE, the company gained 30.15  points with a 2.15% increase and reached 1,431.20 INR.

Tata Consultancy Services Limited: The company trading bullishly in the stock market on Monday. The company gained 50.50 points with a 2.67% increase and reached 1,943.90 INR. While in BSE, the company gained 49.30 points with a 2.60% increase and reached 1,942.80 INR.

HCL Technologies Limited: The company trading bullishly in the stock market on Monday. The company gained 13.65 points with a 2.63% increase and reached 532.05 INR. While in BSE, the company gained 13.70 points with a 2.64% increase and reached 532.00 INR.

Hexaware Technologies Limited: The company trading bullishly in the stock market on Monday. The company gained 17.40 points with a 7.39% increase and reached 253.05 INR. While in BSE, the company gained 15.85 points with a 6.72% increase and reached 251.60 INR.

MindTree Limited: The company trading bullishly in the stock market on Monday. The company gained 11.90 points with a 1.34% increase and reached 902.50 INR. While in BSE, the company gained 11.60 points with a 1.30% increase and reached 902.70 INR.

Just Dial Limited: The company trading bullishly in the stock market on Monday. The company gained 1.80 points with a 0.53% increase and reached 344.00 INR. While in BSE, the company gained 1.55 points with a 0.45% increase and reached 343.75 INR.

The only loser in the IT Sector on May 7th stock market are as follows:

Tech Mahindra Limited: The company trading bearishly in the stock market on Monday. However, the company lost 6.20 points with a 1.16% decrease and reached 530.05 INR. While in BSE, the company lost 5.65 points with a 1.05% decrease and reached 530.35 INR.

In the border market, the S&P BSE Smallcap index reported a bullish trend in the stock market on Monday. It gained 6.88 points with a 0.062% increase and reached a 10,645.32 level. The S&P BSE Midcap index gained 89.23 points with a 0.78% increase and reached an 11,513.04 level. While Nifty Bank lost 253.35 with a 1.31% decrease and reached 19,061.45 level.

Top Gainers on May 11th: Tata Motors, Bajaj Auto, Hero Motocorp Maruti Suzuki, and Eicher Motors the top gainers in the stock market. 

Top Losers on May 11th: Dr. Reddys Labs, ICICI Bank, BPCL, HDFC, and Tech Mahindra are the top losers in the stock market.

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