This is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, TCS can be purchased with the stop loss of Rs 524 to achieve the intraday target of Rs 535. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 547.

Shares of the company, on Tuesday (Feb 10), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 639929. The share price has seen a 52-week high of Rs 1054 and a low of Rs 418 on BSE. The current P/E ratio is 10.92 and EPS is 48 per share.

The initial public offer (IPO) of Chennai-based Edserv Softsystems of Rs 20 crore managed to sail through even while the Rs 44-crore IPO of Gemini Engi-Fab has been pulled off last week due to lack of investor confidence.

According to data revealed by National Stock Exchange, the IPO of EdServ Softsystems has received 51,49,000 bids as against issue size of 39,73,908 shares and got subscribed 1.30 times.

The price band for the issue was fixed between Rs 55 and Rs 60.

More and more filmmakers are putting their money in animation films. Good animation film fascinates both children and adults. Animation films like Hanuman and Lord Krishna fascinated everyone.

Yash Raj production house is all set to make its first animation feature film. The new animation film, directed by Jugal Hansraj will have voices of Saif Ali Khan and Kareena Kapoor. More and more bollywood actors are giving voice-overs for animated characters.

Country’s premier software industry, Sun Microsystems is all set to organize its global annual developer conference at the Hyderabad International Convention Centre (HICC), Hyderabad February 18-20 for the third time in a row.

Apart from Hyderabad, the conference would also have its supporting sessions in Pune and Chennai.

In its press release, the company said that the three day event is fundamentally designed to display how developers can leverage Sun technologies, services and products to drive the next generation of technology innovation.

New Delhi, Feb. 6, : Former President of The National Association of Software and Services Companies (NASSCOM) Kiran Karnik was appointed as the chairman of Satyam Computers Services Ltd. on Friday.

The decision of Karnik's appointment came a day after appointment of A. S. Murthy as its new chief executive officer. Karnik would be the chairman of Satyam's six-member board.

The Government had initially constituted the board of Satyam with three members including Karnik, Housing Development Finance Corporation (HDFC) chairman Deepak Parekh and past presiding officer of Securities Appellate Tribunal C. Achutan.