Indian stock-index futures fell before Infosys Ltd. reports earnings and the government releases industrial production data today.

SGX CNX Nifty Index futures for October delivery slid 0.8 percent to 7,919 at 10:23 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) on the National Stock Exchange of India Ltd. jumped 1.5 percent to 7,960.55 yesterday. The S&P BSE Sensex (SENSEX) rallied 1.5 percent to 26,637.28. The Bank of New York Mellon India ADR Index of U.S.-traded shares lost 0.9 percent to 1,384.93.

Earnings season starts today with Infosys reporting results for the September quarter. Data may show factory output rose 2.7 percent in August, after a 0.5 percent gain the previous month, a Bloomberg survey showed. The MSCI Asia Pacific Index dropped 1.3 percent today, extending a global equity rout amid concern Europe’s slowdown will hobble the world economy.

“All eyes are on the Infosys results as that will set the tone for the earnings season,” Suniil Pachisia, vice president at Pratibhuti Viniyog Ltd., said by phone yesterday. “Investors will look at the guidance closely and how the company uses its cash reserves for acquisitions.”

Infosys may report profit of 29.6 billion rupees ($ 482 million) for the quarter ended Sept. 30, according to the median estimate of 25 analysts surveyed by Bloomberg. That compares with 24.1 billion rupees a year earlier.

International investors sold a net $ 194 million of Indian stocks on Oct. 8, paring this year’s inflows to $ 13.7 billion, the most among eight Asian markets tracked by Bloomberg.

The Sensex has increased 26 percent this year, the best performer among the world’s 10 biggest markets. The equity gauge is valued at 15.3 times projected 12-month earnings, compared with the MSCI Emerging Markets Index’s multiple of 10.8, according to data compiled by Bloomberg.

To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net

To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net Chan Tien Hin, Allen Wan