Public Company

3i Infotech erases gains, ends down 2%

The stock erased all its gains and slipped into the negative terrain to touch a low of Rs 90. The scrip finally ended at Rs 91, down 2% from its previous close. The counter clocked volumes of 3.71 million shares as compared to the two-week daily average traded volumes of 1.11 million shares on the BSE. ______________________________________


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High carryover in range-bound market
A breakout is more probable, since the market rarely range-trades inside 150-200 points for extended periods.
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