The Indian stock market had a weak day today as stocks languished in the red throughout the trading session. Selling across index heavyweights caused the indices to close well below the yesterday’s close. The Sensex closed lower by around 310 points (down 2%), the Nifty closed lower by around 87 points (down 1.5%). The IT stocks weighed heavy on the indices today on account of a disappointing set of numbers announced by Infosys. Infosys saw its stock price decline by as much as 10% today. This was due to lacklustre results announced by the IT bellwether for the quarter and year ended March 2011. The company's sales grew by 2% QoQ during 4QFY11 and were aided by decent performance of its key segment. The company added 34 new clients during the quarter taking the total number of active clients to 620.
Market Mirror 15'th April 2011
Same chart published not only today, but on on13'th April. The reason was our selling will emerge after yesterdays top. IF trader knows this in advance he can not only trade properly But invest in his trade also. That is why we say "STOP GAMBLING START INVESTING".
Tata Steel ADVANCE SCIENTIFIC Chart 15'th April 2011:-
(Chart Taken from National Stock Exchange After Trading Hours closed)
Nishant Jani
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