Top Gainers & Losers: Indian equity benchmarks ended higher on Tuesday mainly due to buying in index heavyweights Infosys and Reliance Industries amid foreign fund inflows.

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Also, a firm trend in Asian gauges and record GST collection in April added to the optimism.

Rallying for the eighth straight day, BSE Sensex climbed 242.27 points or 0.40 per cent to settle at 61,354.71 and NSE Nifty went up 82.65 points or 0.46 per cent to finish at 18,147.65.

From the Nifty firms, ONGC, Tech Mahindra, HDFC Life Insurance, NTPC, and Hindalco were the biggest gainers.

Hero MotoCorp, Sun Pharma, UltraTech Cement, Bharti Airtel and Kotak Mahindra Bank were among the laggards.

"Overall, the positive outlook remains intact. Today Nifty has achieved our short-term target of 18100 and hence we revised it upwards to 18350 which coincides with the weekly upper Bollinger band. In terms of levels, 18050 – 18000 shall act as a crucial support zone while 18180 – 18200 shall act as an immediate hurdle zone for the Nifty," said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.

Here's a look at some of the blue-chip stocks that moved the most on Tuesday:

Tech Mahindra 

Tech Mahindra stock was among the top gainers on Nifty50, it rose nearly 3 per cent to Rs 1,053 per share on the NSE.

Brokerage firm, Ashika Group has recommended buying shares of Tech Mahindra for a target price of Rs 1,180 which is an upside of 12.1 per cent.

The brokerage believes that Tech Mahindra is well-placed to capture 5G-related spending from Technology Service Providers and original equipment manufacturers.

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