From Nasdaq, Inc.:

Indian shares are flat as investors react to stronger US inflation and rise in oil prices. TCS reports low net profit increase, Infosys witnesses a 7 percent decline. Domestically, CPI inflation and industrial production data is expected. Sensex and Nifty end slightly higher and Asian markets trade mixed. China’s CPI grows slightly, while PPI inflation remains in contraction. Oil prices rise after Iran seized an oil tanker and the US and Britain hint at military action. Stocks in the US climbed but ended mixed as hotter-than-expected inflation dents rate cut hopes. European stocks end notably lower on Thursday.



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