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Infosys Technologies
Will Infy touch 1250Rs in a day or two .?
Posted by :
GuestTracked by: 1 Boarder
Infy at 1250Rs ..? and by month end 850Rs ..?? Something is cooking at this front.. Infy has major loss in Lehman brother .......
SALE SALE SALE 70% DISCOUNT .
Posted by : GuestTracked by: 0 Boarder
There is a SALE of every stock at 70% rate during this festival season. SALE SALE SALE .. grab this opportunity during this festival season .....
NSE Announcements on Infosys
Posted by : MMB MessengerTracked by: 0 Boarder
Infosys Technologies Ltd. has informed the Exchange regarding a press release dated September 17, 2008, titled " Wartsila embarks on its PLM Journey with Infosys Technologies". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Infosys
Posted by : MMB MessengerTracked by: 0 Boarder
Infosys Technologies Ltd has informed BSE regarding a Press Release dated September 17, 2008 titled "Wartsila embarks on its PLM Journey with Infosys Technologies"...
Infy facing strong resistance at 1600....
Posted by : marketmanTracked by: 0 Boarder
The stock facing worst times and will get strong resistance at around 1600.... the weaker rupee is the only positive factor for this stock at the moment.... struggling to survive due to troubles in US finnacials.......
Tracked by: 10 Boarders
depends on US market developments. Infosys may loose revenues from US which may be compensated by Amex Merill buy...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : trips1975
well at this piont o time it is eighter hld or add well this will surely bounce back to at last 1800 levels. bye 
Tracked by: 10 Boarders
You might see it touching to 1450 - 1400 levels if market falls futher.
But with the currently raised concerns you might see infy between 1450 to 1650 for time to go.
Cheers... Power-M...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : novice1000
Dear sourav,
I very much remember that you told me in July2008 that US dollar would become stronger against INR.
Though i was convinced about the levels of 46 to 48, i keep my fingers crossed about the levels of 55.If the Dollar becomes that stronger , that would be a windfall gain for export oriented companies particularly those which concentrate on US.
And Dollar levels at that highs can play a havoc for US trade deficit, if it continues at that level for a longter term.
It might happen for a short period and that opportunity may be used by FIIs to pump money in to Indian markets at those levels.After FIIs pump enough money in to Indian equities at that level, US Dollar may again correct and INR may become stronger and FIIs can again sell their equity holdings and can get more Dollars in return.
If this is going to be the well planned strategy of the FIIs,it shows how vulnerable exchange rates market is for manipulations.
Somehow betting on IT sector with a short term view may work out.IT companies may not see toomuch of Mark 2 Market losses atleast in this quarter.Any brave hearts?
regards
Tracked by: 10 Boarders
Dear sourav,
I very much remember that you told me in July2008 that US dollar would become stronger against INR.
Though i was convinced about the levels of 46 to 48, i keep my fingers crossed about the levels of 55.If the Dollar becomes that stronger , that would be a windfall gain for export oriented companies particularly those which concentrate on US.
And Dollar levels at that highs can play a havoc for US trade deficit, if it continues at that level for a longter term.
It might happen for a short period and that opportunity may be used by FIIs to pump money in to Indian markets at those levels.After FIIs pump enough money in to Indian equities at that level, US Dollar may again correct and INR may become stronger and FIIs can again sell their equity holdings and can get more Dollars in return.
If this is going to be the well planned strategy of the FIIs,it shows how vulnerable exchange rates market is for manipulations.
Somehow betting on IT sector with a short term view may work out.IT companies may not see toomuch of Mark 2 Market losses atleast in this quarter.Any brave hearts?
regards...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : souravkundu
Dear novice1000,
Did you see how dollar became stronger against the INR? I hope you remember that I had told you that going forward the USD will keep getting stronger against the INR... its at record 46 now... wait for it to touch 50 and then 55... its a very well played tactic of the FED... the way the come back has happened was amazing...
regards sourav
Tracked by: 10 Boarders
well at this piont o time it is eighter hld or add well this will surely bounce back to at last 1800 levels. bye...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : marketbear
yes, but there is question mark on metals. People should not take excess exposure in metals as metals are tumbling on LME which can cause more pain in the sector. Investors with long-term horizon can buy systematically and not to jump in the sector
Tracked by: 10 Boarders
posted by : kaliniwas
Abrupt negative sentiment created by Crisil regarding the growth falling short of the company\\`target has dampened the price of Infosys.The company itself is all along very conservative to set its target taking into account all parameters of pluses and minuses.No big client of Infosys in the USA is affected by financial bankruptcy as yet.It can be guessed that Infosys through its 2nd qrt result will belie all assessment showing better result. Depreciation of BPS(British pound and sterling) Euro to US dollar can not offset the benefits that comes to the company in larger volume for the the depreciation of Rupee to Dollar. INFOSYS IS A VERY GOOD BUY....
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : MMB Messenger
Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger
Tracked by: 10 Boarders
yes, but there is question mark on metals. People should not take excess exposure in metals as metals are tumbling on LME which can cause more pain in the sector. Investors with long-term horizon can buy systematically and not to jump in the sector...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by :
premghai
With today,s free fall 3800 appear to be certain. I see this as great opportunity to pick up scripts like Tata steel, Hindalco, Ntpc, Indian hotels, Itc M&M for long term investors having at least one year in mind
Tracked by: 10 Boarders
yes, market may not crack below 3800 level but today's recovery from intraday low may get sold off again in the afternoon. So it is better to be cautious...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : novice1000
dear marketbear,
Thanks for your detailed reply. In fact you have been accurate many a time and that is what i observed in the month of Aug 2008.
In you msg you stated that markets can recover sharp once they touch 3800-3950 levels.So the downside seem to be very limited.
Though mine is not a call for LT investors, investors with a time frame of 2 months can initiate delivery based buying on a SIP basis from this level.
regards
Tracked by: 10 Boarders
Message was not fully displayed. hence reposting.
Lehman, weighed down by losses spawned by the U.S. mortgage crisis, sought bankruptcy protection on Monday following a scramble over the weekend in which it failed to find a buyer.
Merrill Lynch (MER.N), meanwhile, agreed to be bought by Bank of America Corp (BAC.N), the No. 2 U.S. bank. Merrill's stock closed just 0.1 percent higher at $17.06, but Bank of America's shares dropped 21.3 percent to $26.55.
"There's some concern they (Bank of America) might have bit off more than they could chew," said Marc Pado, U.S. market strategist at Cantor Fitzgerald & Co in San Francisco.
Shares of Wall Street firms such as Goldman Sachs (GS.N) and Morgan Stanley (MS.N) also slid on concerns about the viability of their business models, which are similar to those of Lehman Brothers and Bear Stearns, analysts said.
Goldman Sachs shares fell 12.1 percent to $135.50, while Morgan Stanley shares dropped 13.5 percent to $32.19.
The concern was heightened due to the U.S. government's decision not to provide guarantees for any deal to help Lehman avert bankruptcy.
The S&P financial index (.GSPF) tumbled 10.6 percent.
See for your self the impact on the Indian IT scrips. Infosys cannot be happy on the strength of dollors. When the entire banking system is now crawling, IT COs cannot jump.
v.krishnamoorthy...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : Leave it.
Lehman, weighed down by losses spawned by the U.S. mortgage crisis, sought bankruptcy protection on Monday following a scramble over the weekend in which it failed to find a buyer.
Merrill Lynch (MER.N), meanwhile, agreed to be bought by Bank of America Corp (BAC.N), the No. 2 U.S. bank. Merrill\\`s stock closed just 0.1 percent higher at .06, but Bank of America\\`s shares dropped 21.3 percent to .55.
\\\\
Tracked by: 10 Boarders
Lehman, weighed down by losses spawned by the U.S. mortgage crisis, sought bankruptcy protection on Monday following a scramble over the weekend in which it failed to find a buyer.
Merrill Lynch (MER.N), meanwhile, agreed to be bought by Bank of America Corp (BAC.N), the No. 2 U.S. bank. Merrill\\`s stock closed just 0.1 percent higher at .06, but Bank of America\\`s shares dropped 21.3 percent to .55.
\\\\...
In reply to:
How much more downside do you see in Infosys given earnings concerns?
Posted by : MMB Messenger
Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger
Need not sell infy below 1500....
Posted by : marketmanTracked by: 0 Boarder
The failure of US financials is a big concern for this stock.... the indian ace stock infy may be under pressure for some more time due to this US turmoil.... at 15 pe,the stock is not expensive.... so,investors need not sell below 1500 on panic.......
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