24.04.202604:36:08UTC+00Sensex Falls for Third Straight Session

India’s BSE Sensex opened about 1% lower at 76,927 on Friday, extending its decline to a third consecutive session as sentiment remained under pressure from rising crude oil prices and a cautious revenue outlook from Infosys. Brent crude holding in the $100–$106 per barrel range continued to stoke inflation worries and risk aversion among investors.

Infosys shares dropped 3.6% in early trade after the company issued weaker-than-expected revenue growth guidance, adding to the drag on the IT sector and overshadowing an otherwise strong quarterly performance. LTM shares slid 4.4%, despite the firm narrowly beating Q4 revenue estimates on the back of broad-based growth that offset weakness in its BFSI segment. Cyient missed profit forecasts, hurt by one-off charges and elevated costs.

Elsewhere, Rolex Rings approved a share buyback of up to INR 1.80 billion, while Mahindra Logistics reported a six-fold sequential increase in Q4 profit. Other notable decliners included Waaree Energies (-3.2%), Data Patterns (-5.6%), and HCL Tech (-4.2%). The standout gainer was Inventurus Knowledge Solution, which rose 4.5%.