Sensex, Nifty decline ahead of inflation data, IT earnings

Indian shares closed lower on Wednesday, with the Nifty 50 index dropping by 0.28% to 19,384.30, while the S&P BSE Sensex fell by 0.34% to 65,393.90. Ahead of key corporate earnings and inflation data, several brokerages have predicted a muted quarter for the IT sector due to spending cuts by clients in the United States and Europe. https://ift.tt/qLxtXh6