Thursday, April 17, 2008

Sensex up on tech stocks rally

The markets pared early losses as technology stocks rallied smartly on the back of Infosys results. The BSE sensex dropped by almost 235 points early in the session, however the 30 share index gained strength after Infosys announced its earnings for the financial year and gave a guidance that enthused investors. The sensex closed 346 points higher at 16,154, its highest closing in two weeks. The gains were across the board with the BSEs Midcap Index and Smallcap Index rising by over 1% each.

The Times of India
http://timesofindia.indiatimes.com/Business/India_Business/
Sensex_up_on_tech_stocks_rally/articleshow/2954633.cms

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