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Markets fall; IT stocks hit

Infosys falls 1.3%, while Tata Consultancy Services loses 0.8%
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Fri, Jul 06 2012. 11 00 AM IST
A file photo of Bombay Stock Exchange.
A file photo of Bombay Stock Exchange.
Mumbai: India’s benchmark BSE index falls 0.6%, while the NSE index declines 0.6%, led by software service exporters after monetary easing in China, the euro zone and Britain signal alarm about the global economy.
photoGlobal investors now gear up for the US monthly employment data later in the day, with consensus forecasts for an increase in 90,000 jobs.
Some caution also sets in as Infosys kicks off the Indian corporate earnings reporting season on 12 July.
Infosys falls 1.3%, while Tata Consultancy Services loses 0.8%.
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Fri, Jul 06 2012. 11 00 AM IST
More Topics: Markets update | Stock | Sensex | BSE | NSE |
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