* NSE index down 0.27 pct, BSE index 0.23 pct lower
* U.S. jobs report, Sept-qtr earnings eyed
* IT stocks lead losses
Oct 7 Indian shares edged lower on Friday,
tracking Asian markets ahead of a U.S. jobs report due later in
the day and the start of domestic quarterly earnings season, but
indexes were still headed for their best weekly gains in nearly
Analysts expect non-farm payrolls to have risen by 175,000
last month from 151,000 in August, according to a Reuters survey
of economists - a pick-up that could put pressure on the U.S.
Federal Reserve to raise interest rates.
Back home, investors were also girding themselves for the
July-September quarter results, starting with software maker
Infosys Ltd on Oct. 14.
"There is no positive trigger and the earnings season has
just started," said Saurabh Jain, assistant vice president of
research at SMC Global Securities.
The broader NSE index was down 0.27 percent at
8,685.95 by 0608 GMT, but was up 0.79 percent for the week.
The benchmark BSE index was 0.23 percent lower at
28,041.02, but was up 0.56 percent on the week.
Both indexes were set for their best weekly gain since the
week ended Sept. 9.
Among the losers, Bharti Infratel Ltd was down
2.24 percent, after gaining 5.11 percent in the last three
The Nifty IT Index extended losses for the third
straight session. Tata consultancy Services Ltd and
Infosys Ltd fell more than 1 percent each.
Among the gainers, Tata Motors Ltd rose as much as
2 percent and was the top percentage gainer on the NSE index.
(Reporting by Darshana Sankararaman in Bengaluru; Editing by