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These shares can give profits on October 20, keep an eye on them

Multibagger stock: Domestic markets edged higher on Tuesday, tracking overnight gains in US stocks, but gains in major indices were largely restricted as traders remained cautious after seven days of sustained gains in the market. The Sensex closed at 61,716.05, down 0.08 per cent, while the Nifty closed at 18,418.75, down 0.32 per cent. Smallcap and midcap indices closed in the red in the broader markets.

Most sectoral indices fell up to 4.5 per cent. The BSE IT index outperformed the benchmark index, with Larsen & Toubro Infotech being the top gainer within the index, rising up to 15.93 per cent on an intraday basis. We are going to tell you which stocks you have to keep an eye on on Wednesday.

Tata Consultancy Services: TCS announced that it has partnered with Heritage Life Insurance Company, a US-based provider of insurance and reinsurance services, to transform the customer experience for policyholders into the recently acquired Closed Book of Business.

DCM Shriram: The company has declared the quarterly results for Q2 and H1FY22. Net revenue grew 5 per cent year-on-year at Rs 2,145 crore. The vinyl business contributed the most to the revenue growth with a year-on-year growth of 94 per cent. The PAT for Q2 FY22 was recorded at Rs 159 crore, which has improved by 33 per cent year-on-year basis.

Bharti Airtel: The company announced the launch of its video platform as a service (CPaaS) – ‘Airtel IQ Video’. The solution is developed by Airtel’s in-house engineering teams. By leveraging Airtel’s flexible cloud and cutting-edge video technologies, Airtel IQ Video allows businesses to create world-class video streaming products for large and small screens with minimal investment in infrastructure and technology.

Bullish MACD Crossover: Shares of Mphasis, Coforge, Tech Mahindra, Mastek and Tata Communications displayed a bullish MACD crossover in Tuesday’s trading session. These stocks will be in focus on Wednesday.

Bullish Stochastic Crossover: TCNS Clothing, Oracle, Cyient and Greaves Cotton formed a bullish stochastic crossover on Tuesday. These shares can trade with a positive trend on Wednesday.

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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