Friday, 12 July 2013

Sensex up over 200 pts, Nifty opens above 6,000 post Infosys Q1 results

MUMBAI: The Nifty opened above the psychological resistance level of 6,000 on the back of surge in shares of index heavyweight InfosysBSE 12.06 % after Q1 results. Most stocks from the IT space were having a rub-off effect. 

Infosys, country's second-largest software services exporter, reported consolidated net profit at Rs 2,374 crore for the quarter ended June 2013, down 0.8 per cent, against Rs 2,394 crore in previous quarter. Sales for the quarter were at Rs 11,267 crore, up 7.7 per cent, as compared to Rs 10,454 crore. 

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