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Market Watch

Monday, 18 April 2016

Indian Stock Market Trading Tips and Trends

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The market has opened sharply higher on Monday with the Sensex rising more than 200 points following Infosys' Q4 earnings but could not sustain gains for long due to weakness in global peers. The Sensex rose 10.39 points to 25637.14 while the Nifty fell 6.15 points to 7844.30.


Infosys shares jumped nearly 8 per cent to their 52-week high on Monday after India's second biggest outsourcer forecast stronger-than-expected revenue for the current financial year.Infosys said its 2016-17 financial year constant currency revenue is likely to grow between 11.5 to 13.5 per cent, higher than industry average of 10-12 per cent.

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