MARKET EYE-HCL Tech jumps to over 12-1/2 yr high on H2 hopes

Thu Nov 15, 2012 12:11pm IST

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A statue of the Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

* Shares in India's HCL Technologies 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. 

 (abhishek.vishnoi@thomsonreuters.com/abhishek.vishnoi.thomsonre
ters@reuters.net)
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