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Sensex, Nifty end week 3% lower amid global rout, inflation worries
Photo Credit: Reuters

Indian shares slumped more than 1 percent on Friday, in line with Asian peers, as the global rout in equities returned, while lingering concerns over inflation back home weighed on the market.

Indian shares fell more than 1 percent on Friday, posting their biggest weekly drop since August, as a global rout in equities battered Asian markets, while lingering concerns over inflation at home also weighed.

The benchmark BSE Sensex fell 1.18 percent to 34,005.76, falling 3 percent on the week.

The broader NSE Nifty dropped 1.15 percent to 10,454.95, losing 2.8 percent for the week.

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