Large Inflow of Money Detected in Infosys Limited

Infosys Limited (INFY) : The money flow analysis of Infosys Limited (INFY) indicates a $3.51 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $6.32 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.8 and so was the total money flow at $2.8 million. The bulls lapped up $2.81 million worth of block trades on upticks. The money flow was $2.81 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Infosys Limited (INFY), pushing it down by -0.43% for the day. The stock slid $0.07 and traded at $16.07 during the day. Nonetheless, the stock is -1.11% over the previous weeks close.


Infosys Limited has lost 0.43% in the last five trading days and dropped 3.63% in the last 4 weeks. Infosys Limited has dropped 13.17% during the last 3-month period . Year-to-Date the stock performance stands at -2.23%.

Infosys Limited (NYSE:INFY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.88 and $15.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.20, notching a gain of 0.37% for the day. The total traded volume was 5,292,398 . The stock had closed at $16.14 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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