Large Inflow of Money Detected in Infosys Limited

Infosys Limited (INFY) : Infosys Limited (INFY) had a healthy money flow of $1.19 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $5.68 million, whereas, investors only sold shares worth $4.48 million on downticks. The stock closed the day with an up-down ratio of 1.27.The money flow in the block trades to the tune of $0.55 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.55 million worth of transactions were on upticks. Infosys Limited (INFY) stock slid $0.01 intraday and traded at 18.3, a change of -0.05% over previous days close. However, for the week, the company shares are 2.58% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 2.01% and the 50-Day Moving Average is 0.17%. Shares have rallied 16.37% from its 1 Year high price. On Apr 15, 2016, the shares registered one year high at $20.47 and the one year low was seen on Jul 14, 2015. The 50-Day Moving Average price is $18.49 and the 200 Day Moving Average price is recorded at $18.03.

Infosys Limited (NYSE:INFY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.32 and $18.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.44, notching a gain of 0.71% for the day. The total traded volume was 5,262,204 . The stock had closed at $18.31 on the previous day.

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Companys solutions include application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; Management Consulting, enterprise solutions and package implementation, systems integration and business intelligence; Products, business platforms and solutions, and technologies, such as cloud computing, enterprise mobility, digital, big data and analytics. Its segments are Financial Services and Insurance, Manufacturing, Energy and utilities, Communication and Services, Retail, Consumer packaged goods and Logistics, Life Sciences and Healthcare, and Growth Markets.

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