Sensex ends higher, post third straight weekly gain

Sat Sep 02 2017
Ramesh Sridharan (910 articles)
Sensex ends higher, post third straight weekly gain

 Indian shares ended higher on Friday clocking their third straight weekly gain, as a weaker-than-expected economic growth data raised hopes the central bank would cut interest rates in October.

The broader NSE Nifty closed 0.57 percent higher at 9,974.40, while the benchmark BSE Sensex ended 0.51 percent higher at 31,892.23.

The Nifty ended the week up 1.2 percent, while the Sensex posted a weekly gain of 0.9 percent.

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai