On January 14, 2025, IIFL Securities has assigned a ‘Buy’ rating on Infosys (NSE: INFY), Hindustan Unilever (NSE: HINDUNILVR). It has also given a Sell signal on Tata Motors (FUT) (NSE: TATAMOTORS) and LIC Housing Finance (NSE: LICHSGFIN). For the convenience of investors, IIFL Securities has also given two target prices and a stop loss level for each scrip.
On January 9, 2025, both benchmark indices Sensex and Nifty came under heavy selling pressure and ended the trading session deep in the red. At close of trade, Sensex was down 1,048.90 points (or 1.36%) to end the day at 76,330.01. On the other hand, Nifty plunged 345.55 points (or 1.47%) to end at 23,085.95 points. As a result of this steep fall, investors cumulatively recorded a loss of Rs 14 lakh crore at the end of the day.
Infosys target price
IIFL Securities has given a ‘Buy’ signal on Infosys. While the Current Market Price (CMP) has been mentioned as Rs 1,962.20, the Buy has been generated at Rs 1,962. The two target prices are Rs 2,012 and Rs 2,048. The stoploss has been set at Rs 1,913.
Buy: Rs 1,962
Target 1: Rs 2,012
Target 2: Rs 2,048
Stoploss: Rs 1,913
Tata Motors share
IIFL Securities has given a ‘Sell’ signal on Tata Motors. The Current Market Price (CMP) has been mentioned as Rs 751 and the Sell call has been given at Rs 753. The two target prices are Rs 728 and Re 710, while the stoploss has been set at Rs 777.
Sell: Rs 753
Target 1: Rs 728
Target 2: Rs 710
Stoploss: Rs 777
Hindustan Unilever target
IIFL Securities has given a ‘Buy’ signal on FMCG major Hindustan Unilever. While the Current Market Price (CMP) has been mentioned as Rs 2,451, the Buy has been generated at the same price. The two target prices are Rs 2,512 and Rs 2,558. IIFL Securities has set the stoploss at Rs 2,390.
Buy: Rs 2,451
Target 1: Rs 2,512
Target 2: Rs 2,558
Stoploss: Rs 2,390
LIC Housing Finance share
IIFL Securities has given a ‘Sell’ call on LIC Housing Finance. The Current Market Price (CMP) has been mentioned as Rs 533.60 while the Sell call has been given at Rs 535. The two target prices are at Rs 519 and Rs 510. The stoploss is 551at Rs 777.
Sell: Rs 535
Target 1: Rs 519
Target 2: Rs 510
Stoploss: Rs 551
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
IIFL Securities has assigned a ‘Buy’ rating on Infosys and Hindustan Unilever and a ‘Sell’ call on Tata Motors (FUT) and LIC Housing Finance. For the convenience of investors, IIFL Securities has also given two target prices and a stop loss level for each scrip. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
