NATIONAL Stock market bounces back; Sensex up by 57 points The stock market bounced back from the day's low and even ended 57 points up over last close on late shortcovering prompted by positive Foreign Institutional Investors (FII) activity on Monday (Oct 10, 2005) coupled with announcement of excellent Q2 working results by Infosys Technologies.
Sensex 51 pts down despite bright results by Infosys After a strong start in response to excellent Q2 results announced by IT bellwether Infosys Tech, the Sensex today (Oct 11, 2005) dropped sharply from its early highs and was quoted 51 points down during morning trading on heavy selling triggered by negative FII activity during last week.
Infosys records 35.57 pc growth for second quarter Software major Infosys today (Oct 11, 2005) reported a net profit of Rs 606 crore for the second quarter ended September 30, 2005, a year-on-year growth of 35.57 per cent.
INTERNATIONAL Crude edges up as forecasters predict colder winter Crude oil prices edged up today (Oct 11, 2005) as weather watchers predicted a colder than normal winter in the north-eastern United States, raising concerns that supplies will be inadequate due to hurricane damage to refineries.
