Indian Stocks Decline Most in Seven Weeks on Inflation, Infosys
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India’s stocks dropped the most in seven weeks as inflation quickened, increasing pressure for higher interest rates, and as earnings of Infosys Technologies Ltd. missed analyst estimates.
Infosys, the second-largest software exporter, dropped the most since May 2009 after posting group profit of 18.2 billion rupees ($409 million) in the quarter ended March, less than the