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Stock impact report

Indian shares end lower; Airtel jumps on MSCI review [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
By Sethuraman N R 2 Min Read BENGALURU, Jan 15 (Reuters) - Indian shares dropped the most in nearly four weeks on Friday, ending down over 1%, as investors locked in profits following the benchmark indexes hitting multiple record highs this week and as a proposed U.S. stimulus package failed to surprise. The blue-chip NSE Nifty 50 index and the S&P BSE Sensex each fell 1.1% to close at 14,433.70 and 49,034.67, respectively. The Nifty index rose for a third straight week, while the Sensex gained for an eleventh straight week, each gaining about 0.5%. U.S. President-elect Joe Biden on Thursday outlined a $1.9 trillion stimulus proposal, saying bold investment was needed to jump-start the economy. “There were no major surprises from the announcement and it was mostly inline with expectations. Secondly, we are 15 days away from (India’s) budget. We can see some participants taking some money off the table,” said Anand James, chief market strategist at Geojit Financial Services in Kochi. Show less Read more
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