MARKET EYE-Indian shares gain; HCL Tech, Wipro jump

Thu Jan 17, 2013 10:17am IST

Related Topics

Stocks

   

* The BSE index gains 0.17 percent, while the NSE index
 is up 0.15 percent. 
* Technology shares gain after HCL Technologies Ltd 
beat estimates with a 68.4 percent jump in quarterly profit.
 
* HCL Technologies is up 6.3 percent after hitting its highest
since February 2000. Infosys Ltd is up 0.8 percent
while Tata Consultancy Services Ltd is higher 0.9
percent.
* Wipro gains 3.4 percent after UBS raised its ratings
to "buy" from "sell", saying revenue momentum will start picking
up from the October-December quarter. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
FILED UNDER:

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage