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Sensex ends lower but posts weekly gain
August 18, 2017 / 7:01 AM / a month ago

Sensex ends lower but posts weekly gain

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade/Files

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.

Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier

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