New Delhi: Global software major Infosys saw a 3 per cent rise in share prices in early trade on 13 January. The company revealed better-than-expected results for the quarter ended 2019.
In the third quarter, Infosys net profit rose 10.9 per cent to Rs 4,457 crore. In the previous quarter it was only Rs 4,019 crore. The company’s revenue in the third quarter increased by 2 percent to Rs 23,092 crore from Rs 22,629 crore in the previous quarter.
In the Indian stock market, on Monday, the major sensory indices Sensex and Nifty made a big jump, and both indices went to new highs. During early trading, the Sensex rose about 300 points and the Nifty again remained above 12,300 after touching a new high. The Sensex was trading at 21,816 points, or 0.53 per cent, at 41,818.88 from the previous session at 9.50 am. At the same time, the Nifty was up 59.45 points, or 0.49 per cent, at 12,316.25.
Earlier, the 30-share Sensex based on the Bombay Stock Exchange (BSE) Sensex opened at 41,788.21 with a gain of 188.49 points and rose to 41,893.41, which is the highest level ever.
The National Stock Exchange (NSE) Nifty, a major sensitive index based on 50 stocks, opened with a gain of nearly 40 points at 12,296.70 and rose to 12,337.75, the highest level of the Nifty till date.
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