Indian shares closed lower on Thursday due to weak quarterly earnings reports, despite positive inflation data from the US. The Nifty 50 index fell 0.10% to 18,297, while the S&P BSE Sensex decreased 0.06% to 61,904.52. The upswing in the market has been influenced by consistent FII inflows and the weakness of the US dollar. The weak earnings data from heavyweight companies dampened investor sentiment.
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