The markets have opened on a lower note post the announcement of Infosys Q4FY12 results. The Sensex opened down 61 points at 17,271 and the Nifty fell 21 points to 5,257.
IT major Infosys reported a quarter-on-quarter net profit to Rs 2,316 crore for the quarter ended March 31, 2012. In the previous quarter its net profit was Rs 2,372 crore.
CLSA says the stock could slip to Rs 2,158.