Equity indices in green, Infosys stock surges 12 percent post Q1 numbers

Equity indices in green, Infosys stock surges 12 percent post Q1 numbers

Equity benchmark indices were in the positive terrain during early hours on July 16 amid mixed global trends with gains led by IT stocks.

At 10:15 am, the BSE S-P Sensex was up by 255 points or 0.71 per cent at 36,307 while the Nifty 50 edged higher by 55 points or 0.52 per cent at 10,673.

But all sectoral indices at the National Stock Exchange were in the red except for Nifty IT which jumped by 4.3 per cent and auto which crawled up by 0.3 per cent.

Among stocks, IT software major Infosys spurted by 11.8 per cent to Rs 929.80 per share after posting 12 per cent year-on-year growth in its net profit at Rs 4,233 crore for the quarter ended June 30.