Market Watch

  • Indian shares fell on Friday, underperforming Asian peers, as blue chip Infosys Ltd declined as much as 10.6 percent after the software services exporter posted disappointing results and slashed revenue forecasts.
     
    The Nifty IT index fell as much as 4.2 percent to a more-than four-month low, with Tata Consultancy Services also contributing to the fall over concerns about its outlook, given the potential Brexit impact.
     
    The NSE index ended 0.28 percent lower at 8,541.40, after earlier hitting its highest since Aug.

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  • Nifty hit its highest in more than 11 months on Thursday tracking rising global markets, although broader gains were capped ahead of quarterly earnings and an expected government announcement about the next central bank chief.
     
    The Nifty rose 0.53 percent to end at 8,565, after earlier hitting its highest since Aug. 10. The index fell as much as 0.22 percent intraday.
     
    The Sensex rose 0.46 percent to 27,942.11 after earlier hitting its highest since Aug. 19.
     
    In the 50-share inde

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  • NSE Nifty came off an 11-month high on Wednesday and was headed for its first fall in three sessions as investors booked profits ahead of quarterly results.
     
    Uncertainty also prevailed in the market as investors await the government's announcement on the next central bank governor after local media reported it could come this week.
     
    Meanwhile, soaring food prices drove headline inflation to its highest level in nearly two years in June, data released late on Tuesday showed, increasing the odds of the central ba

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  • Indian shares gained for a second consecutive session on Tuesday, with the NSE Nifty hitting its highest in nearly 11 months, on the back of encouraging U.S. data and expectations of further monetary stimulus from global policymakers.
     
    The broader NSE Nifty ended up 0.63 percent at 8,521.05, after earlier reaching its highest level since Aug. 17, while the benchmark BSE Sensex closed 0.66 percent higher at 27,808.14.
     
    In the 50-share index, Tata Steel, ICICI Bank, Hindalco, Axis Bank and Maruti Suzuki gained betwee

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