Indian shares hit by Infosys; Sensex posts worst weekly loss of year | Reuters

Indian shares ended lower on Thursday, with the Sensex posting its biggest weekly loss of the year, after Infosys Ltd gave lower-than-expected annual revenue guidance and disappointed with the size of its planned share buyback. The Sensex closed down 0.61 percent at 29,461.45. The index fell 0.82 percent for the week, its biggest weekly percentage loss since the week ended Dec

Reuters April 13, 2017 16:09:34 IST
Indian shares hit by Infosys; Sensex posts worst weekly loss of year
| Reuters

Indian shares hit by Infosys Sensex posts worst weekly loss of year
 Reuters

Indian shares ended lower on Thursday, with the Sensex posting its biggest weekly loss of the year, after Infosys Ltd gave lower-than-expected annual revenue guidance and disappointed with the size of its planned share buyback.

The Sensex closed down 0.61 percent at 29,461.45. The index fell 0.82 percent for the week, its biggest weekly percentage loss since the week ended Dec. 23 and its first weekly loss in three.

The Nifty ended 0.57 percent lower at 9,150.80, posting a 0.52 percent fall for the week. Infosys shares lost 3.87 percent to 931.40 rupees. (Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

Pulitzer Prize-winning photojournalist Danish Siddiqui killed in Afghanistan: Politicans, journalists pay tributes
India

Pulitzer Prize-winning photojournalist Danish Siddiqui killed in Afghanistan: Politicans, journalists pay tributes

The Pulitzer prize winner, who was in Kandahar covering operations against Taliban, was killed when he was riding along with the Afghan Special Forces

Indian photojournalist Danish Siddiqui killed during assignment in Afghanistan's Kandahar province
India

Indian photojournalist Danish Siddiqui killed during assignment in Afghanistan's Kandahar province

Siddiqui had also covered the 2020 Delhi riots, COVID-19 pandemic, Nepal earthquake in 2015 and the protests in Hong Kong

Danish Siddiqui's passing is a reminder of the high price one pays for showing the truth
India

Danish Siddiqui's passing is a reminder of the high price one pays for showing the truth

Danish's photographs were not just documentation, but the work of someone who went down to eye-level, as they say in photographic parlance.