Indian shares fall as financials, IT stocks weigh
FILE PHOTO: A man walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, May 20, 2019. REUTERS/Francis Mascarenhas
BENGALURU (Reuters) – Indian shares slipped on Wednesday, weighed down by financials and information technology stocks, with investors also worried over high valuations following a recent rally.
The blue-chip NSE Nifty 50 index fell 0.48% to 15,500.85 by 0503 GMT, while the benchmark S&P BSE Sensex shed 0.64% to 51,597.22.
In the medium term, the market should still be…
