Indian shares down; tech stocks fall ahead of TCS earnings

April 16, 2015 7:40 AM

59 0

MUMBAI, April 16 (Reuters) - Indian shares were lower for the second straight session on Thursday, led by software services companies such as Tata Consultancy Services ahead of its quarterly earnings later in the day.

The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-U.S. markets, including Europe, in what was already a seasonally slow period.

Also read: BRIEF-Draegerwerk sees FY net sales growth at lower end of forecast range

Read more

To category page