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Sensex Posts Biggest Weekly Drop in Nearly 3 Months

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Sensex Posts Biggest Weekly Drop in Nearly 3 Months
Indian stock markets rose on Friday on the back of upbeat US economic data, but posted their biggest weekly decline in nearly three months, bruised by a global selloff earlier this week.

The Sensex ended 0.61 per cent higher, while the broader Nifty gained 0.67 per cent.

Both indices recorded their third consecutive weekly falls with the Sensex losing 3.56 per cent and the Nifty shedding 3.59 per cent, marking their biggest weekly declines since June 5.

The two indices had hit their lowest intraday levels in about a year on Tuesday.
© Thomson Reuters 2015


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