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Posted by : Simran Shah
Thursday, 10 July 2014
INDIAN BENCHMARK were trading with
marginal gains led by Infosys after the IT major's first quarter numbers were
in-line with expectations.
FURTHER, Infosys today
reported a consolidated net profit of Rs 2,886 crore compared to Rs 2,992 crore
sequentially, a decrease of 3.6%. On a y-o-y basis, the company posted a
21.6% increase in its net profit. GMR Infrastructure rose after the company
has approved the issue and allotment of 46.88 crore shares to eligible
qualified institutional buyers at the issue price of Rs 31.50 per share.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs
were net buyers of Rs. 4cr, as per the provisional figures released
by the NSE.
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