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Sensex posts biggest weekly fall in 1-1/2 years; SBI drags

Reuters 

- Indian fell for a fifth session and ended their worst week in one-and-a-half years after State of sank following weak June-quarter results, further weakening sentiment in a market reeling under North Korea tensions.

Weakening global risk appetite has sparked a wide round of profit-taking after scaled record highs last week.

The benchmark BSE closed down 1.01 percent at 31,213.59, its lowest close in over a month.

The broader NSE ended 1.11 percent lower at 9,710.80.

Both indexes ended nearly 3.5 percent lower for the week, snapping a five-week winning streak, marking their worst week since mid-February 2016.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)

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

First Published: Fri, August 11 2017. 16:08 IST
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