Indian equities settled marginally higher at the end of a volatile week. The benchmark index Nifty ended with a gain of 0.60 pc whereas Bank Nifty has ended 0.47 pc higher.

ON Friday closing, the Nifty IT index ended down 2.24 pc at 26362.8. The index is up 15.00 pc over the last one month. Among the constituents, Tech Mahindra Ltd slipped 4.30 pc, HCL Technologies Ltd fell 3.69 pc and Coforge Ltd shed 3.52 pc. The Nifty IT index is up 61.00 pc over last one year compared to the 16.82 pc surge in the benchmark Nifty 50 index. In other indices, Nifty PSU Bank index is down 2.06 pc and Nifty PSE index has slid 1.99 pc on the day. In broad markets, the Nifty 50 has declined 1.11 pc to close at 14433.7 while the SENSEX is down 1.11 pc to close at 49034.67

Indian economy to grow a moderate average rate of 6.5 pc over the Financial Year 2023 to 2026 after a sharp rebound in the GDP growth: Fitch.

Country’s WPI inflation has fallen to 1.22 pc in December as compared to 1.55 pc a month earlier.

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WPI inflation moderates to 1.22 pc in Dec as onion, potato prices ease