Nifty near two-week low; tech stocks drag

MUMBAI (Reuters) - The Sensex and Nifty fell to their lowest level in nearly two weeks as IT exporters declined on concerns over their fourth-quarter results after bellwether Tata Consultancy Services failed to cheer investors.

The Sensex closed 0.78 percent lower at 28,442.10. The index fell 1.5 percent in the week, snapping two consecutive weekly gains.

The broader Nifty fell 1.16 percent to 8,606, falling 1.98 percent in the week.

TCS shares closed down 4.2 percent.

(Reporting by Indulal PM; Editing by Gopakumar Warrier)