BSE Sensex to take cues from Infosys result
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BSE Sensex to take cues from Infosys result

Last Updated: Tuesday, January 12, 2010, 08:42
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BSE Sensex to take cues from Infosys result Mumbai: The BSE Sensex will take its cues from the third-quarter earnings and guidance of software bellwether Infosys Technologies, which releases the result before trading begins on Tuesday.

The country's leading software services companies are set to report a fall in profit margins due to a firmer local currency and Infosys is expected to post its first year-on-year drop in October-December profit.



The market will also be looking for direction from industrial output data, to be released by the government at noon (0630 GMT).

On Monday, the 30-share BSE Index fell 0.08 percent to 17,526.71.



Asian indices were weak in early trades on Tuesday with the Nikkei down 0.11 percent and the Hang Seng down 0.56 percent at 0230 GMT.

Nifty India stock futures traded in Singapore were down 0.5 percent.

Bureau Report

First Published: Tuesday, January 12, 2010, 08:42

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