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Equities

India shares little changed as software exporters decline, banks advance

HCL Technologies drags software exporters lower after earnings

MUMBAI (NewsRise) -- Indian shares ended little changed on Wednesday as a pullback in software exporters after HCL Technologies' earnings offset gains in private lenders.

The BSE Sensex ended 0.05% higher at 35,176.42 while the Nifty 50 Index ended 0.2% lower at 10,718.05. HCL dropped 4.8%, leading information technology companies lower. The company reported a 9.9% decline in net profit for the March quarter, missing estimates of analysts polled by Reuters. Tata Consultancy Services, hovering near record highs, slipped 1%. Wipro and Tech Mahindra declined by 1.2% or more. Infosys lost 0.1%.

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