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Nifty ends flat, IT firms hit by stronger rupee

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- The ended flat on Wednesday, after having hit a record high in the previous session, as a sharp rally in the hurt of IT firms and sentiment turned cautious ahead of the U.S. Federal Reserve's rate decision.

The broader ended little changed at 9,084.8. The index hit a record high of 9,122.75 in the previous session.

The benchmark closed down 0.2 percent at 29,398.11.

Infosys Ltd fell 2.2 percent, while Tata Consultancy Services Ltd lost 2.7 percent.

(Reporting by Arnab Paul; Editing by Amrutha Gayathri)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Nifty ends flat, IT firms hit by stronger rupee

REUTERS - The Nifty ended flat on Wednesday, after having hit a record high in the previous session, as a sharp rally in the rupee hurt shares of IT firms and sentiment turned cautious ahead of the U.S. Federal Reserve's rate decision.

- The ended flat on Wednesday, after having hit a record high in the previous session, as a sharp rally in the hurt of IT firms and sentiment turned cautious ahead of the U.S. Federal Reserve's rate decision.

The broader ended little changed at 9,084.8. The index hit a record high of 9,122.75 in the previous session.

The benchmark closed down 0.2 percent at 29,398.11.

Infosys Ltd fell 2.2 percent, while Tata Consultancy Services Ltd lost 2.7 percent.

(Reporting by Arnab Paul; Editing by Amrutha Gayathri)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Nifty ends flat, IT firms hit by stronger rupee

- The ended flat on Wednesday, after having hit a record high in the previous session, as a sharp rally in the hurt of IT firms and sentiment turned cautious ahead of the U.S. Federal Reserve's rate decision.

The broader ended little changed at 9,084.8. The index hit a record high of 9,122.75 in the previous session.

The benchmark closed down 0.2 percent at 29,398.11.

Infosys Ltd fell 2.2 percent, while Tata Consultancy Services Ltd lost 2.7 percent.

(Reporting by Arnab Paul; Editing by Amrutha Gayathri)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22