Sensex ends lower but post weekly gain
Fri Aug 18 2017
Rajesh Sharma (2003 articles)

Sensex ends lower but post weekly gain

REUTERS – Indian shares fell on Friday led by Infosys Ltd that plunged after the resignation of Chief Executive Vishal Sikka heightened uncertainty about the IT services provider’s future.

However, the BSE and NSE indexes still posted their biggest weekly gain in five.

The benchmark BSE Sensex closed down 0.85 percent at 31,524.68, but gained nearly 1 percent in the week.

The broader NSE Nifty ended 0.67 percent lower at 9,837.40, but rose 1.3 percent for the week .

Infosys shares closed down 9.6 percent, their biggest daily fall in more than four years.

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.


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