Sensex up 1% for the week as earnings season kicks off

By Reuters

  • 11 Jan 2019
Credit: Reuters

Indian shares settled lower on Friday as disappointment over technology giant Tata Consultancy Services missing quarterly margin estimates weighed on the trading sentiment, while investors looked out for results from its rival Infosys Ltd for clarity.

The benchmark Sensex closed the session 0.27 percent lower at 36,009.84, while the broader Nifty ended down 0.25 percent at 10,794.95.

For the week, however, the Sensex rose 0.9 percent, while the Nifty gained 0.6 percent.

Shares of Infosys, scheduled to report quarterly earnings later in the day, closed the session 0.68 percent higher.