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Monday, 12 October 2015
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The market is still flat with all focus on Infosys' Q2 results. The Sensex is up 37.11 points at 27116.62 and the Nifty is up 11.20 points at 8200.90. About 1008 shares have advanced, 705 shares declined, and 66 shares are unchanged.
Infosys on Monday delivered ahead of Street estimates for a second straight time, with profit, sales and dollar revenues beating expectations in the September quarter.
India's second biggest outsourcer reported a net profit of Rs 3,400 crore on sales of Rs 15,635 crore, while constant currency revenue jumped 6.9 per cent sequentially to $2,392 million.
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