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advertise 2 ۩  Daily market forecast
Stock : INFY |   Stock Recommendations : Buy
Sector : Software |   First resistance : 42.41
Stock Name : Infosys Technology Ltd |   Second resistance : 46.60
Buy Near : 34.50 |   Third resistance : 49.92
StopLoss : 32.65 |   First Support : 34.47
Posted date : 3/31/2008 12:00:00 AM |   Second Support : 32.65

Strong growth year by year and industry comparatively low PE, expected good growth in coming years


Portfolio stock

Recent News Head Lines
INFY vs. CSGP: Which Stock Is the Better Value Option?
(Wed, 15 Jan 2020 16:40:04 +0000)
INFY vs. CSGP: Which Stock Is the Better Value Option?
Infosys Ties Up With GEFCO to Aid Digital Transformation
(Tue, 14 Jan 2020 14:31:02 +0000)
lnfosys (INFY) to fortify its Live Enterprise Suite for facilitating GEFCO's evolution into a Digital Native organization.
Hedge Fund Favorites vs. Infosys Limited (INFY) In 2019
(Mon, 13 Jan 2020 22:23:32 +0000)
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]
Infosys (INFY) Q3 Earnings Top, Revenues Miss Mark, Rise Y/Y
(Mon, 13 Jan 2020 14:48:02 +0000)
Infosys' (INFY) third-quarter fiscal 2020 results benefit from double-digit growth across its most end markets.
Infosys Drives India’s Sensex to Record After 3Q Earnings Beat
(Mon, 13 Jan 2020 10:50:37 +0000)
(Bloomberg) -- India’s stocks rose as investors turned their focus to companies’ October-December earnings reports.The S&P BSE Sensex advanced 0.6% to a record 41,859.69 in Mumbai. The NSE Nifty 50 Index also climbed 0.6% to a new high of 12,329.55. Infosys Ltd. was the biggest boost to both gauges.Infosys, Asia’s second most-valuable software exporter, on Friday posted quarterly net income after market hours that beat the highest analyst estimates. The company raised its sales-growth outlook for the year ending March 2020 to between 10% and 10.5%.Software exporter Wipro Ltd. and IndusInd Bank are scheduled to announce results on Tuesday.Strategist View“The broader market under-performance should take a pause now and earnings will help selective midcap stocks to gain,” said Pritam Deuskar, a Mumbai-based analyst with Bonanza Portfolio Ltd. “We expect consumption and entertainment stocks to do well.”The NumbersAll 19 sector indexes compiled by BSE Ltd. rose, led by a gauge of realty companiesInfosys contributed the most to the Sensex gain and had the largest move, increasing 4.8%Yes Bank Ltd. declined 5.9% after its board approved raising $1.4 billion, while rejecting an investment bidMarket-related storiesFirst Glimpse Into Indian Defaulters’ $25 Billion Debt PileWalmart Cuts a Third of India Executives, Plans More: ReportDeutsche Bank’s Dhir Hired by Yes Bank for Corporate Bank RoleStick With Infosys, Analysts Say, as Whistle-Blower Worries EndJubilant Foodworks a Buy at I-Sec Despite 57% Gain Since Aug LowTo contact the reporter on this story: Nupur Acharya in Mumbai at nacharya7@bloomberg.netTo contact the editors responsible for this story: Lianting Tu at, Paul JarvisFor more articles like this, please visit us at©2020 Bloomberg L.P.

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