Friday, 13 April 2018

Nifty IT Index gains; Infosys stock up 1%

Benchmark equity indices continued to trade higher on Friday after macro data. The Nifty IT Index was trading higher 0.55% at 13,240.95.

Infosys is expected to announce earnings after market hours today. The stock is currently trading at Rs1,173.80, up by Rs11.55 or 0.99% from its previous closing of Rs1,162.25 on the BSE.

Shares of KPIT Tech, Mindtree, Wipro, Tech Mahindra and Infosys were trading in the range of 1-2% in today’s trade.

KPIT Technologies Ltd is currently trading at Rs231.10, up by Rs4.7 or 2.08% from its previous closing of Rs226.40 on the BSE.

Mindtree Ltd is currently trading at Rs857.35, up by Rs21.2 or 2.54% from its previous closing of Rs836.15 on the BSE.

Wipro Ltd is currently trading at Rs291.25, up by Rs4.45 or 1.55% from its previous closing of Rs286.80 on the BSE.

HCL Technologies stock was down 1% after the company partnered with Sumeru Equity Partners and signed a definitive agreement to acquire Actian Corporation. The stock is currently trading at Rs997.95, down by Rs13.5 or 1.33% from its previous closing of Rs1,011.45 on the BSE.





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