November 15, 2012 / 6:44 AM / 5 years ago

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

1 Min Read

* 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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