Indian shares fall on profit booking; IT stocks extend declines
MUMBAI Dec 7 (Reuters) - Indian shares fell on Friday on profit booking after the government expectedly won a vote for FDI in supermarkets in the upper house, while stocks of software service exporters such as Infosys Ltd extended declines on continued worries over the sector's revenue outlook.
Infosys provisionally fell 0.76 percent, while Tata Consultancy Services 1.3 ended percent lower.
The BSE index provisionally fell 0.48 percent, while the 50-share NSE index ended down 0.59 percent. (Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) will not win enough seats to form a government in Jammu and Kashmir, two exit polls showed on Saturday, dampening its hopes of taking control of the state for the first time. Full Article