ECONOMY
ANALYSIS
- Weekly wrap: Sensex snaps 4-week gains post record high; metals,ITdrag
- IIFL Mutual Fund announces appointment of key personnel
- Vertical Industries changes its registered office, RTA
- Equity NAVs end mixed led by flat markets performance
- J&K Bank sells 1% stake in McDowell Holdings
- Anjani Portland Cement clarifies on news item
- Indian ADRs: Dr Reddy's Labs soars 2%, HDFC Bank up 1.2%
MARKET
ANALYSIS
- MUMBAI: Shares of InfosysBSE 0.95 % are trading in the green a day after falling the most in a single day since the return of NR Narayana Murthy at the helm.
- The stock crashed 8.45% on the National Stock Exchange; while the company's American Depository Receipts (ADRs) plunged 6% on NYSE Euronext.
- The stock crashed 8.45% on the National Stock Exchange; while the company's American Depository Receipts (ADRs) plunged 6% on NYSE Euronext.
- Today, the stock made some gains; the stock closed at Rs 3389.45, up Rs 31.95 , or 0.95%.
- "We could have done a better job in executing Infosys 3.0 strategy," he had said. Also, chief executive SD Shibulal said revenue growth for 2013-14 would be near the lower end of the company's 11.5-12% guidance.This has put doubts in investors' minds about a sustainable turnaround at the country's second-largest IT services company.
MAJOR INDICES
INDIAN MARKET
INDEX
|
CLOSE
|
CHANGE
|
% CHANGE
|
SENSEX
|
21809.80
|
35.19
|
0.16
|
NIFTY
|
6504.20
|
11.10
|
0.17
|
BANK NIFTY
|
-12055.85
|
-85.60
|
-0.71
|
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