Infy Q4 profit slumps, Panaya put up for sale; Red flags go up on this top-performing stock

ET Markets Daily Brief | Fri, Apr 13, 2018 | 07:41 PM IST Follow ET Markets

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Tech view: Nifty forms 'Spinning Top'; bulls under strong pressure For the day, the index rose 21.95 points, or 0.21 per cent, to close at 10,480. Infosys posts 28% QoQ drop in Q4 profit at Rs 3,690 crore The IT major had reported a net profit of Rs 5,129 crore in the December quarter. Panaya, the firm that undid Sikka regime at Infosys, lined up for sale Firm's Co-founder Narayana Murthy had raised a storm over lack of transparency in the deal.

Interview One to One We are not significantly banking on dramatic change in earnings trajectory.... Taher Badshah , Invesco Mutual Fund

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Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 2.85 -1.11 15.15 14.35 Kotak Select Focus Fund Direct-Growth 1.95 2.81 13.40 12.88 Invesco India Growth Fund Direct-Growth 3.92 8.36 25.20 12.85 JM Multi Strategy Direct Plan-Growth 1.73 -1.06 11.59 12.24 Mirae Asset India Equity Fund Direct- Growth 0.63 2.39 16.39 12.15 Featured DSP BlackRock Credit Risk Direct Plan-Growth ★★★★★ 1.10 2.74 7.06 9.12 Start SIP

Market Watch 13 Apr | 07:41PM| SENSEX NIFTY USD/INR GOLD 34192.65 ↑91.52 10480.60 ↑21.95 65.21 ↓-0.04 31134.00 ↑132.00

Gainers Losers 13 Apr, 2018, 07:41PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Mindteck (India) Ltd. 70.25 19.98 83176 70.25 56.00 Advitiya Trade India Ltd. 25.29 19.97 8000 25.29 25.29 Mishra Dhatu Nigam Ltd. 111.10 19.53 2129926 111.50 92.80

Tweet of the day... Singapore's Nifty giraffe beats India data banby a neck

FROM THE NEWSPAPER

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