Monday 4 May 2015

IT shares in focus on Cognizant optimism

IT shares in focus on Cognizant optimism

The Information Technology (IT) shares are in limelight today, after US-based Cognizant Technology Solutions Corporation raised its revenue and profit forecasts for the year ending 31 December 2015.

The BSE IT index has gained 0.3 percent 10,615.
 

Core Education & Technologies has soared almost 6 percent at Rs. 8.36. Nucleus Software Exports, NIIT and MindTree have surged 3 percent each at Rs. 214, Rs. 37.20 and Rs. 1,298, respectively.

Mastek, Infinite Computer Solutions, RSS Software India, CMC and Tata Elxsi are the other gainers, up over 2 percent each.

On the losing side, NIIT Technologies has slipped over 2.5 percent at Rs. 349. 3I Infotech has tumbled over 2 percent at Rs. 6.10.

KPIT Technologies has dropped almost 2 percent at Rs. 111. Helios Matheson Information Technology has shed over 1.5 percent at Rs. 36.30.

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