Business Standard

Sensex falls; posts fourth straight weekly gain

Image

Reuters

REUTERS - Indian shares ended lower on Friday, after hitting record highs in each of the previous four sessions, as disappointing quarterly earnings weighed on bank and pharmaceutical shares.

The broader NSE Nifty closed down 0.06 percent at 10,014.50, but was up 1 percent for the week. The benchmark BSE Sensex ended 0.23 percent lower at 32,309.88, but was still 0.88 percent higher for the week.

Dr. Reddy's Laboratories and ICICI Bank Ltd fell 5.9 percent and 3.6 percent, respectively, after reporting weak quarterly results.

(Reporting by Samantha Kareen Nair in Bengaluru)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 28 2017 | 3:52 PM IST

Explore News