Sensex, Nifty edge lower as Infosys gives up gains after results

The blue-chip NSE Nifty 50 index fell 0.1% to 14,543 and the benchmark S&P BSE Sensex was down 0.2% to 49,373.11 by 9:16 am.

Shares of Infosys Ltd which rose over 6% this week within the run up to results until Wednesday, had been down 2.6% in early buying and selling. (Picture: Retuers)

Indian shares inched lower on Thursday, weighed down by Infosys as traders locked in some gains after the heavyweight posted December-quarter results, whereas they waited for extra particulars on a serious stimulus package deal in the US.

The blue-chip NSE Nifty 50 index fell 0.1% to 14,543 and the benchmark S&P BSE Sensex was down 0.2% to 49,373.11 by 9:16 am.

Shares of Infosys Ltd which rose over 6% this week within the run-up to results until Wednesday, had been down 2.6% in early buying and selling.

Infosys Ltd, the nation’s second-biggest software program providers agency by market worth, on Wednesday raised its annual income development forecast after an increase in December quarter revenue and income, whereas Wipro additionally reported a rise in consolidated internet revenue. The Nifty IT index fell 1.6%.

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