INSUBCONTINENT EXCLUSIVE:
Software services giant Infosys was the top boost to the Nifty 50 with a 1.8 per centgain.Shares were little changed on Friday as Infosys
and other IT services stocks gained after having lagged the broader market for much of this month, while ITC slid after a lacklustre
budget, strong corporate earnings, and progress on COVID-19 vaccinations
seen double-digit gains."We are seeing sectoral rotation, which is part of a bull market ..
IT has done well already, but after a pause, it is rallying again," said A.K
Prabhakar, head of research at IDBI Capital in Mumbai
Prabhakar added that a withdrawal by India and China of some troops from a bitterly contested border area was also aiding sentiment.Software
Other Asian shares hovered just below a record high as mixed U.S
economic data caused some investors to show restraint.
