IT stocks gain after Infosys earnings beat estimates

Fri Jul 11, 2014 2:55pm IST

Employees of Tata Consultancy Services (TCS) work inside the company headquarters in Mumbai March 14, 2013. REUTERS/Danish Siddiqui/Files

Employees of Tata Consultancy Services (TCS) work inside the company headquarters in Mumbai March 14, 2013.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

Reuters Market Eye - Software stocks gain after Infosys Ltd (INFY.NS), India's second-largest software services exporter, posted a 21.6 percent increase in quarterly net profit, beating estimates.

Infosys gains 1.1 percent, Tata Consultancy Services (TCS.NS) up 1.5 percent, Wipro (WIPR.NS) is up 1.75 percent, HCL Technologies (HCLT.NS) rises 1.8 percent while Tech Mahindra (TEML.NS) advances 1.3 percent.

(Reporting by Abhishek Vishnoi)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

RBI Policy Review

RBI Policy Review

RBI keeps rates on hold, warns on inflation  Full Article 

China iPhone Sale

China iPhone Sale

China regulator approves Apple's iPhone 6 for sale in China  Full Article 

Cleanliness Drive

Cleanliness Drive

Modi orders officials to clean loos on Gandhi's birthday.  Full Article 

Bid to Boost Trading

Bid to Boost Trading

RBI takes small steps to deepen markets.  Full Article 

Car Recall

Car Recall

Maruti Suzuki says to recall 69,555 cars.  Full Article 

China Factory Data

China Factory Data

China final HSBC PMI steady in September on stronger global demand but risks remain  Full Article 

Reuters India Mobile

Reuters India Mobile

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