December 16, 2016 / 6:58 AM / a year ago

Sensex edges lower; posts biggest weekly fall in a month

REUTERS - Indian shares edged lower on Friday, posting their biggest weekly fall in a month, as sentiment remained subdued after the U.S. Federal Reserve signalled more rate hikes than expected next year.

A broker monitors share prices at a brokerage firm in Mumbai August 5, 2011. REUTERS/Danish Siddiqui/Files

The Nifty ended 0.17 percent lower at 8,139.45, and fell 1.48 percent for the week, the biggest fall since the week ended on Nov. 18.

The Sensex closed 0.11 percent lower at 26,489.56, losing 0.96 percent for the week, its biggest fall in a month.

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sunil Nair

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