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Stock impact report

Indian indexes close higher as IT shares gain [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
Indian indexes close higher as IT shares gain BENGALURU, June 26 (Reuters) - Indian stocks ended higher in volatile trading on Friday, helped by information technology and energy shares, although investors remained nervous about rising coronavirus cases and tensions with China. The NSE Nifty 50 index ended up 0.91% at 10,383 and the benchmark S&P BSE Sensex gained 0.94% at 35,171.27. Both the indexes rose more than 1% this week and recorded a second straight week of gains. The Nifty information technology index was the top gainer, rising 4.1%. Infosys Ltd and Tata Consultancy Services Ltd were the top boosts to the blue chip index with a rise of 6.6% and 4.9%, respectively. “There is caution (coming into markets). Now investors have to be in quality stocks because virus cases are rising,” said A.K. Prabhakar, head of research at IDBI Capital in Mumbai. “Markets would pause here and stocks with fundamentals will sustain.” Investors are also keeping a close watch on tensions between Ind Show less Read more
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