INDIAN FACE
INDIAN EQUITY BENCHMARK pared its intra-day gains pulled
down by a sell-off in banking shares after Indusind bank
reported a rise in its net performing assets (NPAs) for the third
quarter ended 31st December as well as ahead of Indian
Industrial Production (IIP) number later in the day.
Further, Shares of IT companies are in focus trading higher by
up to 3% after Infosys has reported a better-than-expected
October-December (Q3) quarter earnings.
Jubilant FoodWorks has dipped over 3% to Rs 1,185 after
index provider MSCI excluded the company from the MSCI
global small-cap index.
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