HCL Tech jumps to over 12-1/2 yr high on H2 hopes
Reuters Market Eye - Shares in HCL Technologies(HCLT.NS) gain 1.8 percent, after earlier hitting a session high at 629.85 rupees, their highest since March 2000.
Gains come despite a 1.7 percent fall in the broader NSE IT sub-index on hopes the software services exporter is well placed to win deals in the infrastructure sector, as has been typical in recent years, traders say.
HCL Technology last month posted a 78 percent jump in July-September net profit from a year earlier.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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