17/Apr./2014

DAILY OPTION NEWS LETTER

The markets drag in red today. Sensex close down 207.70 falls 0.92% & the Nifty down 57.80 falls 0.86%, marked its lowest close in 2-1/2 weeks as software stocks slumped on caution ahead of India's top IT services provider TCS quarterly results later in the day. IndusInd Bank rose 1.6 percent after the bank beat analysts' forecast by reporting net profit at Rs 396 crore in the quarter ended March 2014, up 29 percent compared to a year-ago period. TCS fell 2.9%, Wipro lost 2.7% while Infosys slumped 3 percent today.

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