Global intraday markets weighed on Indian investors'
sentiments. The Sensex was down 242.74 points or 0.9 percent at 25665.27 and
the Nifty slipped 74.50 points or 0.96 percent at 7672.05. About 1496 shares
have advanced, 1479 shares declined, and 116 shares are unchanged. Infosys,
M&M, Reliance, BHEL and HUL are top gainers while ITC, ICICI Bank, Sesa
Sterlite, Axis Bank and Bharti were among major losers in the Sensex.
IT services provider Cognizant Technology Solutions Corp
reported a 16.5 percent rise in quarterly revenue, helped by higher IT spending
in North America and Europe. The company's net income in the second quarter
ended June 30 rose to USD 371.9 million, or 61 cents per share, from USD 300.4
million, or 49 cents per share, a year ago. Revenue rose to USD 2.52 billion
from USD 2.16 billion a year earlier.
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