Nifty posts biggest weekly loss since July

MUMBAI (Reuters) - The Nifty fell for a fifth session in six on Friday to post its worst weekly loss since July as oil explorers continued to slump after Brent crude prices slipped to below $63 a barrel.

The broader Nifty closed down 0.8 percent. For the week it lost 3.7 percent for its worst weekly performance since mid-July.

The benchmark BSE Sensex provisionally ended 0.9 percent lower.

Shares of Gail (India) fell 4.5 percent, while Oil and Natural Gas Corp and Reliance Industries Ltd slipped 3.28 percent and 2.54 percent, respectively.

(Reporting by Dipika Lalwani and Himank Sharma; Editing by Anand Basu)