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Sensex snaps four-day winning streak ahead of inflation data

12 May, 2017

Indian shares ended lower on Friday, after jumping to record highs twice this week, as investors turned cautious ahead of inflation data and booked profits in recent outperformers.

The broader NSE Nifty closed down 0.23 percent at 9,400.90, but was up 1.24 percent for the week.

The benchmark BSE Sensex ended 0.21 percent lower at 30,188.15, but was up 1.10 percent for the week.

Both indexes snapped four straight sessions of gains.

Eicher Motors snapped five consecutive sessions of gains to end 1.1 percent lower, while Ashok Leyland fell 1.2 percent after a two-day rally.

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Sensex snaps four-day winning streak ahead of inflation data

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