Infosys fell nearly 3 percent after 78 lakh shares exchanged hands on BSE & NSE at around Rs 1,150 per share. There were reports saying former leaders of the company S Gopalakrishnan and SD Shibulal & family were likely to sell 50 lakh and 25 lakh shares via block deals today.
Mahesh Patil, co-Chief Investment Officer at Birla Sun Life AMC says the worst in quarterly earnings is over and one could see a 15-16 percent earnings growth next year.
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
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