Sensex, Nifty Seen Higher; Infosys Shares In Focus

(RTTNews) - Indian shares look set to open higher on Monday after data showed the country's Index of Industrial Production (IIP), which is also called factory output, expanded by 1.8 percent in November, reversing three consecutive months of contraction.

Quarterly earnings, inflation data and expectations from the Budget 2020 may sway sentiment as the week progresses.

HCL Technologies, HDFC Bank, Reliance Industries, IndusInd Bank and Wipro are among the prominent companies that will unveil their quarterly earnings this week.

Infosys shares may rise after its audit committee found no evidence of financial impropriety or executive misconduct.

The company's American Depository Receipts (ADR) spiked over 4 percent on Friday after the IT major posted better-than-expected financial results for the December quarter.
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