MARKET UPDATES

SHREE GANESHAY NAMAAH !
NIFTY FUTURE :
Resis.  5997 / 6017 / 6036 / 6060
CMP: 5977.30
Supp. 5958 / 5938 / 5916 / 5895
Mkt hit by nasty Dec trade data; Infosys swells 16%
Profit-taking intensified on the street as December data showed trade deficit rising to USD 17.7 billion versus USD 14.7 billion in the December of previous year.
निफ्टी टूटकर 5950 के पास बंद; इंफोसिस 17% चढ़ा
MARKET UPDATES :
Infosys leads gainers in 'A' group,
Wipro, Gitanjali Gems, Mahindra Satyam and TCS are among the other gainers.
IT pivotal Infosys surged 16.90% to Rs 2,712.60 after the company's CEO and Managing Director S. D. Shibulal said at the time of announcement of the company's Q3 December 2012 results before trading hours that the management continues to gain confidence from a strong pipeline of large deals. The stock topped the gainers in the BSE's 'A' group.
Nifty hits lowest level in almost 1-1/2 week
The total turnover on BSE amounted to Rs 2517 crore, lower than Rs 3013 crore on Thursday, 10 January 2013. The market breadth, indicating the overall health of the market, was weak. On BSE, 1,967 shares fell and 981 shares rose. A total of 129 shares were unchanged.
Among the 30-share Sensex pack, 26 fell while the rest of them rose.
Stock With Volumes :
Volumes jump in D B Corp counter, Infosys, Radico Khaitan, Mahindra Satyam and TCS are among the other stocks to see a surge in volumes on BSE today, 11 January 2013.
D B Corp clocked volume of 5.36 lakh shares by 13:00 IST on BSE, a 27.67-times surge over two-week average daily volume of 19,000 shares. The stock fell 0.95% to Rs 234.85.
Infosys notched up volume of 11.57 lakh shares, a 16.72-fold surge over two-week average daily volume of 69,000 shares. The stock surged 15.80% to Rs 2,686.90.
Infosys's consolidated net profit as per International Financial Reporting Standards (IFRS) remained unchanged on sequential basis at Rs 2369 crore in Q3 December 2012. Revenue rose 5.7% to Rs 10424 crore in Q3 December 2012 over Q2 September 2012. Revenues excluding Lodestone rose 3.6% to Rs 10210 crore in Q3 December 2012 over Q2 September 2012. Infosys completed the acquisition of Lodestone Holding AG, a leading management consultancy based in Switzerland, in Q3 December 2012. The result was announced before trading hours today, 11 January 2013.
Due to addition of revenue from Lodestone, Infosys has raised revenue guidance for the year ending 31 March 2013 (FY 2013). With expected revenue of $104 million from Lodestone for FY 2013, Infosys has forecast total revenue at $7.45 billion for the company for FY 2013. At the time of announcement of Q2 September 2012 results on 12 October 2012, Infosys had forecast revenue of $7.343 billion for FY 2013 when Lodestone acquisition was yet to be completed. The company has retained guidance for earnings per American depository receipt (EPADS) for FY 2013 at a minimum $2.97.
In rupee terms, Infosys now expects revenue of Rs 40746 crore for FY 2013 which includes projected revenue of Rs 568 crore from Lodestone. At the time of announcement of Q2 September 2012 results on 12 October 2012, Infosys had forecast revenue of Rs 39582 for FY 2013 when Lodestone acquisition was yet to be completed. The company has raised the guidance for earnings per share for FY 2013 to Rs 162.80 from its October guidance of EPS of Rs 160.61.
Radico Khaitan saw volume of 7.76 lakh shares, a 5.39-fold surge over two-week average daily volume of 1.44 lakh shares. The stock rose 0.21% to Rs 143.15.
Mahindra Satyam clocked volume of 14.80 lakh shares, a 3.74-fold surge over two-week average daily volume of 3.96 lakh shares. The stock rose 3.88% to Rs 115.10.
TCS saw volume of 2.11 lakh shares, a 3.16-fold rise over two-week average daily volume of 67,000 shares. The stock rose 4.67% to Rs 1,317.30.
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