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Nifty ends lower, post biggest weekly loss in 10


(Reuters) - Indian shares ended lower for a fourth straight session on Friday, dragged by financials such as Bank and Housing Development Finance Corp, while sentiment was subdued amid caution over developments in U.S.-trade negotiations.

The benchmark closed down 0.86 percent at 34,848.3, slipping 1.93 percent for the week.

The broader NSE Nifty ended 0.81 percent lower at 10,596.4, shedding 1.94 percent over the week.

Both the indexes marked their biggest weekly loss in 10 weeks.

Bank closed 0.77 percent lower, while ended down 1.18 percent.

Among the gainers, Nifty index closed 1.25 percent higher with momentarily crossing rival to become the fourth-largest company on

(Reporting by in Bengaluru, Editing by Sherry Jacob-Phillips)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 16:16 IST