Infosys shares move northwards
Shares of Infosys rallied 3.07 per cent to Rs 3,394.15 in early trade. Other IT stocks which also gained were TCS (up 1.81 per cent to Rs 2,390.30) and Wipro (up 1.61 per cent to Rs 553.55).
Besides, major gainers that supported the Sensex were Tata Motors, Bajaj Auto, Axis Bank, Dr Reddy’s Lab, Maruti Suzuki, Hero MotorCorp, L&T, and Sun Pharma. Among other Asian markets, Japan’s Nikkei fell 0.75 per cent while Hong Kong’s Hang Seng shed 0.36 per cent in morning trade today.
The US Dow Jones Industrial Average ended 0.42 per cent lower in yesterday’s trade as fears over eurozone debt resurfaced with a payment crisis at Portugal’s biggest listed bank.