INSUBCONTINENT EXCLUSIVE:
NEW DELHI: IT shares were trading lower with Nifty IT index down 0.88 per cent at 14,197 in Friday morning trading session ahead of Infosys
Q3 data.
Shares of Infosys were little changed on Friday ahead of its December quarterly earnings
Investors are sitting tight on stock as brokerages do not expect any upbeat show from Infosys in view of its focus on growth against
All eyes are on any revision in revenue growth guidance, a possible share buyback announcement and a likely upward estimate in margins in
Shares of Tata Consultancy Services (down 2.02 per cent), Infibeam Avenues (down 1.26 per cent), Tata Elxsi (down 1.07 per cent) and
MindTree (down 0.97 per cent) were worst performers in index
NIIT Technologies (down 0.86 per cent), HCL Technologies (down 0.56 per cent) and Infosys (down 0.43 per cent) too were trading with losses
Benchmark NSE Nifty50 index was down 14.10 points at 10,807.50 around 10:46 am while BSE Sensex was down 45.05 points at 36,061.45
Among 50 stocks in Nifty index, 24 were trading in green, while 24 were in red
Shares of YES Bank, Tata Motors, Ashok Leyland, TCS, ITC, Hindalco Industries, SBI, Bank of Baroda and ICICI Bank were among most traded
