BSE Sensex flat, Cognizant fuels Infosys, TCS shares, M&M, Nifty fall
Reuters: Feb 08 2013, 15:35 IST
The BSE Sensex shares flat at 0.14 percent, while the 50-share NSE Nifty falls 0.02 percent.
* Cement companies fall after October-December earnings fail to impress market participants. ACC Ltd falls 2.12 percent and Ambuja Cement Ltd is down 4.8 percent.
* Mahindra and Mahindra (M&M) shares fall 1.2 percent ahead of December quarter earnings.
* However, Infosys Ltd rises 0.4 percent and Tata Consultancy Services (TCS) is up 2.9 percent after Cognizant earnings.
* The results confirm that revenues of Indian software services exporters continue to outperform Cognizant's, making the U.S.-listed IT company still not too much of a competitive threat.
Previous Story Rajiv Gandhi Equity Savings Scheme to be launched by P Chidambaram Next Story Pfizer posts Q3 net profit up at Rs 63.88 cr
Reader's Comments| Post a Comment
Be the first to comment.
