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Stock impact report

Indian shares fail to hold gains, banks and energy stocks drag as lockdown extends [Reuters]

Wipro Limited (WIT) 
Last wipro limited earnings: 4/16 04:00 pm Check Earnings Report
US:NYSE Investor Relations: wipro.com/investors
Company Research Source: Reuters
Indian shares fail to hold gains, banks and energy stocks drag as lockdown extends (Updates to close) BENGALURU, April 15 (Reuters) - Indian shares retreated from one-month highs to settle lower on Wednesday, as the country entered an extended lockdown to curb the coronavirus spread, while weakness in global peers over warnings of the worst global recession since the 1930s weighed on sentiment. The NSE Nifty 50 index ended down 0.76% at 8,925.3, while the benchmark S&P BSE Sensex closed 1.01% lower at 30,379.81, after each rose nearly 3% earlier in the session. The rupee ended at a record closing low of 76.44 against the dollar. MSCI’s All-Country World Index, which tracks shares across 49 countries, was down 0.37%. Stocks in Europe slipped as the first batch of earnings reports reflected the damage from the pandemic, while worries of a plunge in oil demand hit energy stocks. The International Monetary Fund said on Tuesday it expected the global economy to shrink by 3.0% during 2020 i Show less Read more
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