MARKETS LIVE: Indices trim losses, Nifty reclaims 10400; Infosys down 4%

Photo: Shutterstock.comVolume Toppers COMPANY NAME LATEST HIGH LOW CHG () CHG(%) VALUE ( CR) VOLUME IDBI BANK 72.35 72.35 71.10 0.20 0.28 5.32 735983 JP ASSOCIATES 19.35 19.40 18.85 0.00 0.00 1.01 520542 UCO BANK 20.45 20.60 19.15 -1.90 -8.50 0.71 347701 REL. COMM. 22.10 22.25 21.85 -0.20 -0.90 0.58 264395 INDIABULLS VENT. 333.40 337.35 310.00 15.95 5.02 8.77 262970 Edelweiss on Infosys Lower margin guidance and softer-than-expected commentary are likely to be perceived negatively by Street. However, we maintain Infosys as our top pick led by: a) strong deal win momentum; b) digital-focused strategy in place; c) undemanding valuations (14.9x FY20E EPS); and d) high dividend yield. Maintain ‘BUY’ with revised target price of Rs 1,419 (Rs 1,475 earlier). Result Calendar Company Date of Board meet Infosys 13-04-18 IndusInd Bank 19-04-18 TCS 19-04-18 HDFC Bank 21-04-18 Bharti Infratel 23-04-18 HDFC Bank 23-04-18 Wipro 25-04-18 Axis Bank 26-04-18 Yes Bank 26-04-18 Axis Bank 27-04-18 HDFC 30-04-18 Kotak Mah Bank 30-04-18 ICICI Bank 07-05-18 Earnings Impact: Infosys Sectoral Trend Sensex top gainers and losers
Source: Business Standard