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Stock impact report

Sensex, Nifty gain, bonds slip; all eyes on S&P rating [Reuters]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Reuters
Sensex, Nifty gain, bonds slip; all eyes on S&P rating | Reuters 2 Min Read (Reuters) - Indian shares rose for a seventh straight session on Friday led by IT firms, while bonds dipped on market talk of a potential sovereign ratings upgrade by Standard & Poor’s (S&P) later in the day. Speculation about an S&P rating upgrade on India surfaced late on Thursday. This comes after a surprise upgrade by Moody’s last week. “There is a knee-jerk reaction in the market because of the S&P expectation,” said Guarang Shah, head investment strategist at Geojit Financial Services. “There could be a bump of 200-300 points, but the markets will consolidate again. However, these upgrades could see new foreign investments coming in.” Foreign investors have net bought $2.33 billion worth of Indian shares in November so far. The broader NSE Nifty was up 0.36 percent at 10,385.8 as of 0637 GMT, while the benchmark BSE Sensex was 0.27 percent higher at 33,679.92. The last time the NSE index rallied for seve Show less Read more
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