Profit

Should investors buy Infosys ahead of Q3 earnings?

PUBLISHED ON: January 8, 2013 | Duration: 18 min, 08 sec

  
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Independent market analyst, Shrikant Shetty, and Nooresh Mirani, head of technical research at AMSEC, advise investors to hold Infosys ahead of its earnings later this week. Mr Shetty feels that a lot of the bad news has already been priced in and investors should now look for substantial upsides in the counter. However, Mr Mirani tells investors to exit at rallies near Rs 2,400 levels as the stock has consolidated for a long time around Rs 2,150 with no sign of up-move.
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