Top Gainers & Losers: Benchmark equity indices Sensex and Nifty ended lower on Tuesday as investors remained cautious amid disappointing earnings from IT majors TCS and Infosys.

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Fall in index major Reliance Industries, HDFC Bank, and ICICI Bank and fresh foreign fund outflows also dented sentiment.

Reversing its early gains, BSE Sensex fell 183.74 points or 0.31 per cent to settle at 59,727.01 and NSE Nifty dipped 46.70 points or 0.26 per cent to end at 17,660.15.

Among the Nifty50 firms, Power Grid, UltraTech Cement, Adani Enterprises, Apollo Hospitals, and Titan were the major laggards.

Divi’s Laboratories, HCL Technologies, Cipla, IndusInd Bank, and Nestle India were among the gainers.

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

Cipla 

Cipla stock was among the top gainers on Nifty50, it climbed nearly 2 per cent to Rs 925.1 per share on the NSE.

Brokerage firm Investec has given a ‘buy’ call on Cipla for a target of Rs 1250 apiece which is an upside of 35.1 per cent.

Investec believes that Cipla continues to execute well in both India and the US. Given solid free cash flow and the right capital allocation could aid growth.

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