Sensex continues slide to end week nearly 3% lower

Indian shares closed at a seven-month low on Friday, dragged by IT and banking stocks, in line with a worldwide sell-off amid worries over global trade and economic growth.

The broader NSE Nifty ended 0.94 percent lower at 10,030, while the benchmark BSE Sensex closed down 1.01 percent at 33,349.31.

Both the bourses posted their seventh weekly loss in eight. The NSE index finished the week 2.7 percent lower, while the BSE index was down 2.8 percent on the week.

IT giants Infosys Ltd and Tata Consultancy Services closed down 2.3 percent and 2.9 percent, respectively. Yes Bank Ltd ended 8.9 percent weaker, and posted its worst close since April 2016.