HomeIndiaWeak outlook from high IT corporations, U.S. inflation woes drag Indian shares

Weak outlook from high IT corporations, U.S. inflation woes drag Indian shares

The brand new brand of the Bombay Inventory Change (BSE) constructing is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photograph Purchase Licensing Rights

BENGALURU, Oct 13 (Reuters) – Indian shares opened decrease on Friday, on a slide in IT shares after Infosys and HCLTech reduce their income outlook, whereas inflation issues within the U.S. dragged world shares.

The NSE Nifty 50 index (.NSEI) was down 0.62% at 19,674.95 as of 9:16 a.m. IST, and the S&P BSE Sensex (.BSESN) fell 0.61% to 65,998.74.

Reporting by Bharath Rajeswaran in Bengaluru; Modifying by Varun H Ok

Our Requirements: The Thomson Reuters Belief Rules.

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