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Stock impact report

Nifty, Sensex climb on strong global cues; IT, financials lead gains [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
Nifty, Sensex climb on strong global cues; IT, financials lead gains - Reuters 3 Min Read (Reuters) - Indian shares traded higher on Friday, driven by financials and IT stocks after two sessions of consolidation, as investors lapped up upbeat global cues a day after the Reserve Bank of India (RBI) cut key policy rate by an expected 25 basis points. RBI cut the repo rate to 6.00 percent on Thursday, as predicted by 57 of 67 analysts polled by Reuters last week, in a move to boost the economy just a week before voting for the national election begins. Ahead of the general elections starting next week, the major political parties have made promises for heavy spending in order to woo voters, leaving the central bank unsure about how fiscal plans will pan out. Investors were also hopeful of some headway in the U.S.-China trade talks with President Donald Trump stating that a deal could be announced in about four weeks. Xinhua reported Chinese President Xi Jinping had said progress was bein Show less Read more
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