Indian benchmark indices had started its day in a good mood, after TCS's Q3 result, which gave decent numbers to the market as CC revenue grew by 1.8%, however its operating margins numbers misses the street estimates, as it came at 25.6% of its revenue.
Currently, Nifty50 trading with more than 35 points down at 10,785 level, while Sensex down with more than 100 points. Overall market breadth is negative. Nifty Auto slips the most with more than 1% and IT index down around half percent.
In global upfront, European equities opened with a positive tone, where Germany DAX +0.3%, France CAC 40 +0.2% & UK FTSE +0.3%.
However, weekend market closing will be marginally on lower side as investors are waiting for Infosys's result, the result will report after market hours. Also the company will consider dividend for third quarter.