Indian Shares End Mixed; Sensex Slips As IT Stocks Drag

(RTTNews) - Indian shares ended Friday's session mostly higher as a pullback in oil prices and global bond yields helped ease concerns around inflation, India's import bill and earnings. The U.S. Federal Reserve's first interest-rate hike in three years also instilled confidence in investors regarding the central bank's resolve to bring inflation under control. Oil prices extended losses for a third straight session, with Brent crude prices falling toward $102 a barrel on hopes of limited supply disruption and renewed diplomatic efforts to end the conflict. Concerns over supply disruptions eased following Saudi Arabia's efforts to reroute crude exports through Oman and restore the East-West pipeline.