BENGALURU, July 15 (Reuters) - Gains in technology stocks lifted India's benchmark equity indexes to near record highs on Thursday, after IT major Infosys upgraded its revenue outlook, with investors now awaiting results from Wipro due later in the day.
Infosys (INFY.NS) rose as much as 1.3% before paring some gains, as more contract wins from global businesses expanding their digital offerings during the COVID-19 pandemic helped the company upgrade its annual revenue forecast. The Nifty IT index (.NIFTYIT) rose 0.9% to a record high. read more
Shares of Wipro (WIPR.NS) rose 1.5%.
RBL Bank (RATB.NS) dropped 3% after the lender said a regulatory ban on Mastercard (MA.N) would impact its credit card issuances. The bank said it had, meanwhile, inked a deal with Visa (V.N) for its credit cards. read more
Broader Asian shares were firm after U.S. Federal Reserve Chairman Jerome Powell soothed worries over inflation, with investors looking ahead to a raft of Chinese economic data due later in the day.
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