Market Commentary

Indian Markets to fall as Infosys' disappoints - Microsec



Posted On : 2013-04-11 21:01:10( TIMEZONE : IST )

Indian Markets to fall as Infosys' disappoints - Microsec

Asian Market is trading lower as Hang Seng was up by 0.27% while Nikkei 225 was down by 0.80% and Chinese markets were down by 0.38 %. Asian stocks fell from the highest level in 20 months, paring the biggest weekly advance since September. Japan's Topix Index dropped for the first time in eight days as the yen strengthened against the dollar.

Overnight U.S. markets were up by 0.42%.

SGX Nifty at 8:00AM was trading at 5590 with a loss of 05 points.

Infosys' topline came with our as well as street expectations and the result seem disappointing.

Source : Equity Bulls

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