India's NSE heads for lowest close in 2 wks; TCS results spark concerns

April 17, 2015 8:39 AM

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MUMBAI, April 17 (Reuters) - India's NSE index fell for a third consecutive session on Friday, heading towards its lowest close in two weeks as IT exporters declined on concerns over fourth-quarter earnings after bellwether Tata Consultancy Services' results failed to cheer investors.

Money managers worry slowdown seen by India's largest software services exporter could be an indicator of an industry-wide trend and marks a weak start to the January-March earnings season.

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