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Stock impact report

Nifty, Sensex close higher on Infosys boost [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 lifted by Infosys, Yes Bank; DHFL sinks - Reuters 3 Min Read (Reuters) - Indian shares headed higher on Monday, led by Infosys Ltd after the country’s no.2 software services firm reported a strong quarter and raised its revenue forecast. The broader NSE Nifty was up 0.2% at 11,576 as of 0430 GMT, while the benchmark BSE Sensex was 0.3% higher at 38,855.61. Broader Asian shares were also buoyant after China’s second-quarter economic growth came in line with consensus, and industrial output and retail sales topped forecasts, suggesting the world’s second-biggest economy may be starting to stabilise thanks to ramped-up stimulus from Beijing. On Friday, data showed India’s retail inflation stayed below the central bank’s target in June despite hitting a eight-month high on higher food prices, potentially giving the RBI room for a further interest rate cut to boost slowing growth. Infosys topped gains on the local indexes, climbing as much as 5.8% in its sharpest intraday gai Show less Read more
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