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
The latest Reuters poll of 20 economists taken over the past week shows Asia's third-largest economy will likely grow 5.5 percent this fiscal year and 6.4 percent the next, slightly better than 5.3 percent and 6.3 percent expected in the July poll. Full Article
Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw” Full Article