Sensex, Nifty fall as IT, energy stocks drag

For the week, the Nifty gained 0.3% and the Sensex added 0.4%. Photo: Mint

For the week, the Nifty gained 0.3% and the Sensex added 0.4%. Photo: Mint

Bengaluru: Indian shares closed slightly lower on Friday, dragged by top IT and energy stocks, while gains in the financial and consumer counters arrested the downside.

The benchmark Sensex fell 0.22% to 35,158.55, while the broader Nifty declined 0.12% to 10,585.2.

For the week, the Nifty gained 0.3% and the Sensex added 0.4%.

Software services exporter Infosys Ltd was the biggest drag on the NSE index with a drop of 2.4%. Larger rival Tata Consultancy Services Ltd fell 1.7%.

Oil-to-retail conglomerate Reliance Industries Ltd dropped 1.6%.

Private-sector lender Yes Bank Ltd rose 5.5% to its best close since mid-October, and was the biggest boost.

First Published: Fri, Nov 09 2018. 04 44 PM IST

Source: livemint