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Sensex, Nifty end slightly higher; IT stocks fall

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Reuters
Last Updated : Jan 16 2017 | 4:23 PM IST

(Reuters) - Indian shares ended marginally higher on Monday as gains in financials on positive corporate results offset losses in IT stocks that were down on weak sentiment after software services exporter Infosys Ltd cut its revenue outlook.

The broader Nifty closed 0.15 percent higher at 8412.80 while the benchmark Sensex ended 0.18 percent firmer at 27,288.17.

The Nifty IT index fell 0.88 percent. Shares of Infosys fell 2 percent to close at their lowest level in over a month.

(Reporting by Shivam Srivastava in Bengaluru; Editing by Vyas Mohan)

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First Published: Jan 16 2017 | 4:02 PM IST

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