Indian shares have a lower margin as Infosys provides post-production benefits

BENGALURU, Jan. 14 (Reuters) – Indian shares entered lower lows on Thursday, offset by Infosys as investors locked in some gains after the heavy pressure posted December-quarter results, while awaiting more information on a major stimulus package in the United States. .

The NSE Nifty 50 blue index fell 0.1% to 14,543 and the BSE Sensex benchmark S fell down 0.2% to 49,373.11 by 0346 GMT.

Shares of Infosys Ltd rose over 6% this week up yields to Wednesday, down 2.6% in early trading.

Infosys Ltd, the country’s second-largest software services company by market value, on Wednesday lifted its annual revenue growth forecast after a rise in December quarter profit and revenue, while Wipro also reported an increase in consolidated net profit.

The Nifty IT index fell 1.6%.

Meanwhile, investors were looking for details of the COVID-19 relief package, which President Joe Biden is set to unveil Thursday. (Reporting by Nallur Sethuraman in Bengaluru; Editing by Shailesh Kuber)

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