Shares in India's Hero
MotoCorp fell 2.3 percent after its January-March profit adjusted for other
income lagged some analysts estimates.
Hero MotoCorp said on
Thursday March-quarter net profit was 5.54 billion rupees versus 5.74 billion
rupees last year.
Infosys slumped as the
stock turned ex-dividend today, 29 May for final dividend of Rs 43 per
share for the year ended 31 March 2014 .Shares in Infosys
Ltd fell as much as 7.6 percent in early morning trade after president
and board member B.G. Srinivas, seen by some investors as a candidate to take
over as CEO, resigned.
The market breadth,
indicating the overall health of the market, was strong. On BSE, 786 shares
rose and 481 shares fell. A total of 28 shares were unchanged. Among the 30-share
Sensex pack, 23 stocks rose and rest of them fell.
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