<div id="readability-page-1"><div> India's equity benchmarks opened marginally lower on Friday, pausing after a recent rally, dragged down by Infosys and Wipro on margin concerns even both surpassing revenue estimates for the September quarter.The Nifty 50 fell 0.15% to 25,546.85, while the BSE Sensex shed 0.16% to 83,331.3 as of 9:24 a.m. IST.Ten of the 16 major sectors logged losses at open. The broader small-caps and mid-caps lost 0.1% and 0.4%, respectively. The IT sub-index fell 1.25%, with Wipro losing 4.5% despite exceeding second-quarter revenue estimates, as analysts raised concerns over margin pressures from deal ramp-ups and recent acquisitions.&#34;Over fiscal year 2026-2028, we expect 3% earnings per share (EPS) CAGR, which along with 3% dividend yields makes risk-reward unattractive,&#34; said analysts at Jefferies. Infosys also lost 1.5% after beating September-quarter revenue estimates. &#34;Q2 results were a mixed bag with higher revenue but lower than expected margins,&#34; said UBS.Infosys's fiscal 2026 revenue outlook of 2%-3% also appears overtly conservative, according to CLSA.The Nifty and BSE Sensex ended Thursday at three-month highs and now sit less than 3% below their record peaks reached in September 2024, fuelled by expectations of an earnings rebound and hopes for domestic and U.S. rate cuts.</div></div>

INFY

India's equity benchmarks opened lower on Friday, influenced by Infosys and Wipro amid margin concerns despite both companies exceeding revenue estimates for the September quarter. The Nifty 50 fell 0.15% to 25,546.85, while the BSE Sensex dropped 0.16% to 83,331.3. The IT sector declined 1.25%, with Wipro down 4.5%. Analysts expressed concerns over margin pressures and provided a conservative revenue outlook for Infosys. The market had recently reached three-month highs, driven by expectations of an earnings rebound and potential rate cuts.

Infosys, Wipro drag India stock benchmarks lower at open