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Sensex rises; Infosys jumps as CEO appointment brings peace hopes [Reuters]

INFOSYS (INFY)  More Company Research Source: Reuters
Last infosys earnings: 4/16 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
PDF Sensex rises; Infosys jumps as CEO appointment brings peace hopes | Reuters 2 Min Read (Reuters) - Indian stocks rose on Monday as Infosys Ltd rallied on hopes that the appointment of a new CEO would help the company move on from a feud between its board and founders that had pummelled shares. Sentiment was also lifted by stronger Asian shares after the passage of a tax bill by the U.S. Senate on Saturday, although worries that the bill would lead to liquidity tightening in emerging markets weighed on investors. Any gains in Indian shares are also likely to be capped ahead of the Reserve Bank of India’s policy meeting on Wednesday. Although the central bank is widely expected to keep rates on hold, investors will watch for any hints of a cut at the February meeting in its statement. “We had a positive opening in line with Asian peers. We also had some index heavyweights supporting positivity, putting a temporary stop to the negativity that we had seen late last week,” said Anand James [Read more]

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