Money on the markets

A maturing market amid the mayhem

Tech firms gain

January 12, 2010


The BSE IT index ended 3.9 percent higher on Tuesday as the overall 30-share sensitive index ended 0.59 percent down.

Infosys Technologies raised its annual sales forecast as big financial services clients boost orders in an improving global economy, pointing to an industry recovery.

Shares in Infosys ended 3.9 percent higher at 2,587 rupees with a volume of 0.54 million shares.

Other players like TCS, Wipro surged over 4 percent. Stocks like Teledata Informatics slipped 3.5 percent while Moser Baer shed 2 percent.

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