# Stock recommendations for 22 October from MarketSmith India

> MarketSmith India recommends Hexaware and TCS for 22 October.
- Title: Stock recommendations for 22 October from MarketSmith India
- Summary: MarketSmith India recommends Hexaware and TCS for 22 October. MarketSmith India recommends Hexaware Technologies and Tata Consultancy Services for 22 October…
- Keywords: hexaware technologies, tata consultancy services, marketsmith india, nifty 50, stock recommendations, indian stock market, it stocks, tcs, nifty bank, sebi registration, money, business
- Source: mint — https://livemint.com/market/stock-market-news/stock-recommendations-for-22-october-from-marketsmith-india-11792584307573.html
- Author: MarketSmith India
- Published: 2026-10-22T00:30:53+00:00
- Read time: 1 min
- Topics: hexaware technologies, tata consultancy services, marketsmith india, nifty 50, stock recommendations, indian stock market, it stocks, tcs, nifty bank, sebi registration, money, business
## MarketSmith India stock recommendations
MarketSmith India reveals top stock picks for 22 October.
## Nifty 50 performance on 21 October
Nifty 50 closed lower at 22,811.35 after falling 77.60 points (0.34%).
## Nifty 50 technical analysis
Nifty 50 formed a bearish daily candle with long lower shadow.
## Nifty Bank performance
Nifty Bank closed lower at 54,976.90 after falling 511.20 points (0.92%).
## Hexaware Technologies recommendation
MarketSmith recommends Hexaware Technologies at ₹594, 603 with target ₹700 in two to three months.
## Hexaware Technologies why recommended
Strong AI-first and cloud transformation focus drives enterprise modernization demand.
## Hexaware Technologies risk factors
High dependence on global IT spending cycles impacts growth and deal ramp-ups.
## Tata Consultancy Services recommendation
MarketSmith recommends TCS at ₹2,504, 2,542 with target ₹2,790 in two to three months.
## Tata Consultancy Services why recommended
Leadership in enterprise AI, cloud, data analytics, and digital transformation positions TCS for rising global tech spending.
## Tata Consultancy Services risk factors
Slowdown in discretionary IT spending affects revenue growth and deal conversions.
## MarketSmith India background
MarketSmith India uses CAN SLIM methodology founded by William J. O'Neil.
## Key takeaway

MarketSmith India recommends Hexaware Technologies and Tata Consultancy Services for 22 October with target prices of ₹700 and ₹2,790 respectively.