Sensex records worst week in two months

MUMBAI (Reuters) - The BSE Sensex slumped on Friday, posting a fifth consecutive fall and their worst weekly performance in two months, as disappointing results from ITC and Larsen & Toubro raised concerns about the health of the corporate sector.

The Nifty ended 0.57 percent lower at 8065.80, its lowest close since Oct. 1.

The Sensex slipped 0.68 percent to close at 26,656.83, also its lowest close since Oct. 1.

Both indexes reversed two straight months of losses to record gains in October, with the Nifty rising 1.47 percent for the month and Sensex gaining 1.92 percent.

For the week, the Nifty lost 2.77 percent while the Sensex lost 2.96 percent, their worst performance since the week ended Sept. 4.

 

(Reporting by Karen Rebelo in Mumbai; Editing by Anupama Dwivedi)