Sensex, Nifty End Weak With Fall Of 53 Points

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Mumbai: Benchmark indices snapped their four-day rising streak Friday to end marginally lower on losses in IT and metal stocks as investors turned cautious amid weak overseas cues.

The 30-share BSE Sensex settled 53.99 points, or 0.15 per cent lower at 36,671.43, while the broader NSE Nifty slipped 22.80 points, or 0.21 per cent, to 11,035.40. During the week, the Sensex gained 607.62 points or 1.68 per cent; and the Nifty advanced 171.9 points or 1.58 per cent. Global markets dived on renewed concerns over economic growth amid lacklustre Chinese trade data.

Tata Motors was the biggest loser in the Sensex pack Friday, tumbling 3.99 per cent, followed by HCL Tech, Tata Steel, Vedanta, Infosys, ONGC, Asian Paints, Maruti and L&T that shed up to 2.53 per cent. NTPC was the top gainer, spurting 4.28 per cent.

Other winners were Bajaj Auto, Bajaj Finance, Sun Pharma, ITC, Hero MotoCorp, TCS, Yes Bank, HDFC, HDFC Bank and SBI, rising up to 1.38 per cent. Sectorally, the BSE metal index lost the most at 1.57 per cent, followed by IT and tech.