Nifty Tips
An extremely negative start has been
seen in Indian equities and Nifty of national stock exchange has
plunged more than 1% in this early hour of trade. The first quarterly result of infosys pushed the market in negative territory.
The software giant
Infosys has seen a fall of 1.16%
in its net profit in the first quarter of this year.
However the net profit increased by 8.63 % but the it was lower
than what market analysts expected.
Negative trend is likely to persist for the day and we see a red closing at the end of the day.
In
Stocks, Tata motors still has not come out of profit booking and
witnessed
United phosphorus could be a good bet for buying side in intraday trading.
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