Friday, April 13, 2012

TECH STOCKS DRAG INDICES




I T giant Infosys’s poor guidance for FY13 had telling effects on other tech stocks. Among the NIFTY stocks Infy was down by 13%, TCS 6%, WIPRO 4% and HCL 3.5%. Banks and metal stocks too reacted sharply aiding NIFTY to lose 70 odd points.

For Infosys the turn over on the NSE was very high - 94 lacs shares traded at an average price of Rs 2461. The stock closed in the end at Rs 2403.

3 comments:

  1. Sir, When to start buying Infosys...Is around 1800 good level for the year? Thanks in advance

    ReplyDelete
  2. Nice dreaming of getting INFY @1800/-
    I will watch out for the same....

    - Sanju

    ReplyDelete
  3. Buy in installment. Start from Monday.

    ReplyDelete