Quotes with Resistance & Support
Market Information
Infosys shares fall 6% on reduced dollar guidance
This article was posted on Jan 12, 2012 and is filed under Market News
Shares of Infosys Technologies fell 6.28% in the opening trades on Thursday, after the IT and software services company cut its dollar revenue growth guidance for the fiscal year to March due to the debt crisis in Europe, its second-biggest market.
The Infosys results weighed on the markets which opened 6% on the lower side with the Sensex down by 51 points trading at 16,142 while the Nifty trading down by 10 points at 4,846.
Infosys, which beat estimates with a 33% rise in quareterly profit, was down 2.71% at Rs 2,750 in the pre-opening session, while the BSE Sensex was down 0.4%
Similar Posts:
Latest Query
Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
- by Sam
Status: Awaiting reply
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
