I.T Stocks Outlook For The Week – 11 To 15.12.2017
The stocks of information technology companies are expected to move in a range next week due to lack of triggers. The IT index is seen finding support at 11040 points and facing resistance at 11350 points. The stock specific movements are expected next week. The stocks of Bengaluru-based
information technology giant, Infosys Ltd, are seen consolidating following the recent rally. Infosys has gained nearly 2% during this week after the appointment of its new Chief Executive Officer.
The company, on Monday, appointed Salil S. Parekh as its chief executive officer and managing director for five years, with effect from Jan 2. Infosys Ltd's choice to appoint Parekh as its CEO was promising because of his rich global exposure and strong client relationship. Shares of Infosys
are seen facing resistance at 1,103 rupees and support at 985 rupees.
Source : Cogencis Information Services Ltd.
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The stocks of information technology companies are expected to move in a range next week due to lack of triggers. The IT index is seen finding support at 11040 points and facing resistance at 11350 points. The stock specific movements are expected next week. The stocks of Bengaluru-based
information technology giant, Infosys Ltd, are seen consolidating following the recent rally. Infosys has gained nearly 2% during this week after the appointment of its new Chief Executive Officer.
The company, on Monday, appointed Salil S. Parekh as its chief executive officer and managing director for five years, with effect from Jan 2. Infosys Ltd's choice to appoint Parekh as its CEO was promising because of his rich global exposure and strong client relationship. Shares of Infosys
are seen facing resistance at 1,103 rupees and support at 985 rupees.
Source : Cogencis Information Services Ltd.
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