Sensex recovers; Infosys falls on forecast cut

Source : REUTERS
Last Updated: Fri, Oct 14, 2016 16:27 hrs

REUTERS - Indian shares closed marginally higher on Friday, led by software firm Tata Consultancy Services after upbeat quarterly profit, but a revenue forecast cut by smaller rival Infosys weighed on the technology index.

The benchmark BSE Sensex closed 0.11 percent higher at 27,673.60. The broader Nifty ended up 0.12 percent at 8,583.40.

Both indexes lost more than 1.3 percent for the week.

Tata Consultancy Services ended up 1.79 percent while Infosys declined 2.53 percent.

(Reporting by Aastha Agnihotri in Bengaluru; Editing by Amrutha Gayathri)



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