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Infosys Technologies
BSE Announcements on Infosys
Posted by :
MMB MessengerTracked by: 0 Boarder
Infosys Technologies Ltd has informed BSE regarding a Press Release dated November 10, 2008 titled "Finacle from Infosys Wins at the Banking Technology Awards 2008"...
INFOSYS TARGET 1350 TODAY
Posted by : GuestTracked by: 0 Boarder
Hi all,
Infosys technolgies BPO is now Six sigma, million dollars projects are lined up. Huge buying presure seen today in BSE and NSE. next target in 2 months is 1950-2000Rs. Buy today...
Infy near term down target =890....
Posted by : sambalaTracked by: 0 Boarder
US-listed Indian stocks lose $3bn in one week
NEW YORK: Indian shares listed in the United States witnessed erosion of nearly $3 billion in their market valuations for the first week of this month, as fears of an economic turmoil deepening further battered the stock markets.
The 16 Indian entities trading on the American bourses lost $2.76 billion in market capitalisation for the week ended November 7, with IT bellwether Infosys Technologies witnessing a decline of $1.5 billion.
However, leading private sector lender ICICI Bank and software exporter Wipro added to their respective market values. While ICICI Bank`s market capitalisation jumped by $473.2 million, that of software exporter Wipro rose by $160.7 million.
Apart from Infosys, other major losers include copper producer Sterlite Industries, auto maker Tata Motors and telecom player Tata Communication.
Meanwhile, for the whole of October, the Indian firms saw an erosion of more than $15 billion in their market value. The major losers for that month include ICICI Bank and HDFC Bank, Wipro and Infosys.
For the week ended November 7, Sterlite`s market capitalisation dropped by $913.5 million while Tata Motors and Tata Communication slipped by $550 million and $470.7 million, respectively.
Other losers were software exporter Satyam Computer Services, Internet firm Rediff. com and outsourcing companies - Genpact and ExlService Holdings.
On the other hand, HDFC Bank`s market capitalisation jumped $56.6 million, while outsourcing entity WNS saw its market value increase by $53 million.
Further, telecom company Mahanagar Telephone Nigam Limited, pharma major Dr Reddy`s Laboratories and IT firm Patni Computer Systems too witnessed gain in their market value. ...
IIP data for Sept`08 expected at 5.5% to 6%
Posted by :
pyaretajTracked by: 0 Boarder
Hi Guys,
Our next IIP data for Sept`08 will come on Wednesday the 12th Nov`08 and they are to be in line with expected growth decline in corporate numbers fundamentally within 5.5% to 6%. Nevertheless, they are expected to further decline in oct/Nov`08 with effective downtrend that has resulted in slowdown in corporate growth and also the Automotive production segment collapsing with Tata Motors, TVS and Ashok Leyland closing their plants and reducing their production working days.
Next week is very crucial for our markets and investor sentiment can remain very negative and markets can head either way. So remain cautious, follow up with daily news and hold onto liquid cash as much as possible as markets are yet to see the worse in coming weeks and months. Remember, always remain with Blue chip stocks and market leaders. Do not venture onto small cap stocks that are attractive but with poor growth and fundamental laggards.
Good luck and Cheers,
Taj....
...
Infosys may go into loss in 2010
Posted by :
catyTracked by: 0 Boarder
Dear Friends ,
The environment in technology is going to change ,with Obama coming to power.No longer indian technology companies can reap the hugh salary advantage in outsourcing .Obama is going to give "First American" priority .No point making noice about it .indan govt too have been placing restrictions like import duty of foreign goods ,to protect the domestic industry.If govt had not done that our industries would have to close down and unemployment would have soared.Likewise Obama will do to protect americans from unemployment .And once the cost advantage is gone for tech companies ,many of these comanies would start reporting loss in their books .Besides all the financial service companies in europe and american which will be nationalized .And thereafter thouse contracts will go to local software comapies.Besides infosys clients like Tesco ,Js penny etc in retail is experiencing slowdown .All in all avoid technology stocks and focus on stocks which are growing at 20% pa.These stocks will surely double in next one year when index goes to 16000. ...
BUY INFOSYS
Posted by :
lansonTracked by: 0 Boarder
MADISON HEIGHTS, Mich., Nov. 7 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Infosys Technologies Limited (NDQ: INFY) as its January 2009 "Stock to Study" and Best Buy Co., Inc. BBY as its January "Undervalued Stock" for investors` informational and educational use.
"The committee chose Infosys because it`s in a growth industry, has a business model built to survive a downturn, and is able to attract and train high-quality employees," said Adam Ritt, editor of BetterInvesting Magazine. "For the Undervalued selection, the committee believes Best Buy will benefit from a post-recession environment and can differentiate itself with its breadth of merchandise, knowledgeable salespeople and Geek Squad unit." Check BetterInvesting Magazine`s January issue for a detailed review of each company.
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Infy near term down target =890....
Posted by : nightowlTracked by: 0 Boarder
infy likely to go to 1400-1600, next week, before declining to whatever level...
Nightowl...
In reply to:
Infy near term down target =890....
Posted by : marketman
There is no meaning in infy still staying at four digit mark in these conditions.... 
Infosys Technologies declines 5%
Posted by : MMB MessengerTracked by: 0 Boarder
Infosys Technologies had touched an intraday high of Rs 1,318 and an intraday low of Rs 1,239. At 3:05 pm, the share was quoting at Rs 1,253, down Rs 67.65, or 5.12%. It was trading with volumes of 299,546 shares. Yesterday the share closed down 0.91% or Rs 12.10 at Rs 1,320.65. ...
Infosys Technologies declines 5%
Posted by : GuestTracked by: 0 Boarder
Hi all, Selling presure is increasing in the infosys script today in NSE and BSE. All MF\\\\`s are selling the tech stocks. another 15% dips in tech stocks is clearly visible from this selling.
Foreign investors are selling their tech stocks in BSE today.
Infosys will settle today at 1160-1180
...
In reply to:
Infosys Technologies declines 5%
Posted by : MMB Messenger
Infosys Technologies had touched an intraday high of Rs 1,318 and an intraday low of Rs 1,239. At 3:05 pm, the share was quoting at Rs 1,253, down Rs 67.65, or 5.12%. It was trading with volumes of 299,546 shares. Yesterday the share closed down 0.91% or Rs 12.10 at Rs 1,320.65.
HUGE SELLING PRESURE FOR INFOSYS
Posted by : GuestTracked by: 0 Boarder
Hi all, Selling presure is increasing in the infosys script today in NSE and BSE. All MF`s are selling the tech stocks. another 15% dips in tech stocks is clearly visible from this selling.
Foreign investors are selling their tech stocks in BSE today.
Infosys will settle today at 1160-1180
...
Infy near term down target =890....
Posted by : vkk43Tracked by: 0 Boarder
Thanks for this info....
In reply to:
Infy near term down target =890....
Posted by : marketman
Mutual funds may start offloading the scrip in coming sessions....
Infy near term down target =890....
Posted by : marketmanTracked by: 0 Boarder
Mutual funds may start offloading the scrip in coming sessions.......
In reply to:
Infy near term down target =890....
Posted by : vkk43
The rally due to short covering has fizzled out today and it seems that market may again start its downward journey. Infy of course, as has been said earlier, will rule easy in the near term. Short covering in this share is also over.
Inspite of 800 $ Billion bell out programe
Posted by : vkk43Tracked by: 0 Boarder
In that event, we will also follow them....
In reply to:
Inspite of 800 $ Billion bell out programe
Posted by : Bhatt
US Market take nosedive inspite of so huge bell out packge what will happen to Inida if things go wrong? just think ..think..think.. and start disccusion
Inspite of 800 $ Billion bell out programe
Posted by : BhattTracked by: 0 Boarder
US Market take nosedive inspite of so huge bell out packge what will happen to Inida if things go wrong? just think ..think..think.. and start disccusion...
Good level to buy Infy
Posted by : GuestTracked by: 0 Boarder
Remember this post and the date. Wait for 10 more day`s you will get good price to buy infy....
In reply to:
Inspite of 800 $ Billion bell out programe
Posted by : Bhatt
US Market take nosedive inspite of so huge bell out packge what will happen to Inida if things go wrong? just think ..think..think.. and start disccusion
Boarders Outlook on Infosys
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