Indian shares set to snap 4-day gaining streak, Reliance earnings eyed

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Indian shares set to snap 4-day gaining streak, Reliance earnings eyed
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Indian shares stepped back on Friday after four straight sessions of gains that set them on course for their strongest week since early-February, with earnings of Reliance Industries, the country's most valuable company, in focus.

slipped 0.84% to 49,345.57. Both the indexes are likely to close the week around 3% higher on gains from upbeat earnings reports.was marginally lower ahead of its quarterly results.

The stock is up more than 6% this week, as of its last close.climbed as much as 4% to a record high after the IT firm raised its outlook for June-quarter IT services revenue following the close of an acquisition.Our Standards:

 

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