Infosys hits back, Nifty ends above 6,100 & much more

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	Dated:14 October,2013

Top Headlines IT’s Diwali! After fireworks from Infosys, will TCS surprise D-Street? TCS net profit is expected to rise 19% QoQ to Rs 4,511 crore, while dollar revenues are seen up 5.5% to $3.339 billion, as per ET Now poll. Infosys back in the game; stock likely to scale past Rs 3,500 Considering the overall performance of IT sector, the stock can be bought at current levels or preferably investors can deploy ‘buy on dips’ strategy. Nifty ends above 6,100; TCS, RIL gain ahead of Q2 results Shares are expected to be influenced by cos reporting quarterly earnings HDFC Bank Ltd on Tuesday. Views on Stocks/Markets Nifty may witness 6150-6210 levels going ahead: Vineet Bhatnagar Stock Buzz: See another 5-10% appreciation in Ajanta Pharma Smallcaps that can give good returns in near term IPO/Global Markets Cos garner Rs 1,050 cr via IPOs in H1 Asian shares fall, yen firms European mkts steady Rupee / Gold Re weakens on pvt oil demand Gold surges on firm global trend 'Don’t expect rupee to appreciate' More 'Market' News Investors can look at RIL for long-term: Edelweiss In an interview with ET Now, Niraj Mansingka, Associate Director-WCM, Edelweiss Financial Services, shares his expectations of RIL’s earnings growth. TCS to be crowned undisputed king of the IT pack? Bellwether tag was snapped up by TCS long back, but a string of events - NRN's return and solid Q1 & Q2 nos - has kept Infy in the reckoning. Infosys second biggest weighting in BSE Sensex Infosys Ltd overtook RIL as the second biggest weighting in the benchmark index. Infosys surpassed Reliance after the close of markets on Friday.	Market Round-up SENSEX 20607.54 78.95 NIFTY 6112.70 16.50 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 60.7020 .00 USD/INR 60.7020 .00 NSE Gainers Scrip Price(Rs.) %Change Lakshmi Vilas Bank Ltd. 77.60 + 19.94 Tantia Constructions Ltd. 16.90 + 19.86 Indiabulls Wholesale Serv 23.60 + 19.80 Thirumalai Chemicals Ltd. 98.05 + 19.28 MIC Electronics Ltd. 2.80 + 19.15 NSE Losers Scrip Price(Rs.) %Change Bafna Pharmaceuticals Ltd 23.45 -9.28 Glory Films Ltd. 1.05 -8.70 Astra Microwave Products 36.35 -7.03 Career Point Ltd. 70.90 -6.77 TRF Ltd. 101.50 -6.71

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