Sensex ends lower but posts biggest weekly gain in seven weeks
- By Reuters |
- Oct 21, 2016
- Last Updated at 16:20 IST
REUTERS - Indian shares ended lower on Friday, as investor risk appetite took a hit after a stronger dollar weighed on crude oil prices overnight and in Asian trading earlier in the day, with energy stocks dragging down both the indexes.
The Nifty ended 0.07 percent lower at 8,693.05, but rose 1.28 percent for the week.
The Sensex closed down 0.19 percent at 28,077.18, but ended up 1.46 percent for the week
Both the indexes posted their biggest weekly gain since the week ended Sept. 2.
The S&P BSE Energy Index closed down 0.82 percent. Reliance Industries Ltd ended 2.15 percent lower.
(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Biju Dwarakanath)
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