India’s BSE Sensex opened about 1% lower at 76,927 on Friday, marking a third straight session of losses as sentiment remained weighed by rising crude oil prices and a cautious revenue outlook from Infosys. Brent oil holding above the $100–$106 per barrel range continues to fuel inflation concerns and risk aversion. Infosys’ shares fell 3.6% in early trade after weaker-than-expected revenue growth guidance added pressure on the IT sector, overshadowing its otherwise strong quarterly performance.
Moreover, LTM shares also fell 4.4% after edging past Q4 revenue estimates on broad-based growth offsetting BFSI weakness, while Cyient missed profit forecasts due to one-time charges and higher costs, Rolex Rings approved a buyback of up to INR 1.80 billion, and Mahindra Logistics posted a six-fold sequential rise in Q4 profit. Other laggards included Waaree Energies (-3.2%), Data Patterns (-5.6%), and HCL Tech (-4.2%), while notable gainer was Inventurus Knowledge Solution (+4.5%).
