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India's NSE index posts first weekly loss in six
June 16, 2017 / 10:22 AM / 6 months ago

India's NSE index posts first weekly loss in six

June 16 (Reuters) - India’s NSE index gained 0.1 percent on Friday, but posted its first weekly loss in six, as a fall in information technology and pharmaceutical shares on worries over their earnings outlook offset a bounceback in bank stocks.

The broader NSE index gained 0.1 percent to end at 9,588.05 points, but fell 0.76 percent for the week. It ended each of the previous five weeks higher, its longest gaining streak since late 2014.

The BSE index fell 0.06 percent to 31,056.40 and fell 0.66 percent for the week.

For midday report, click (Reporting by Vishal Sridhar in Bengaluru; Editing by Amrutha Gayathri)

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