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Capital Markets

India shares halt weekly winning streak as Reliance Industries, HCL Tech fall

Mixed earnings damp investor enthusiasm

MUMBAI (NewsRise) -- Indian shares ended a weekly winning run that began end-March amid a set of mixed quarterly earnings from blue chips.

The BSE Sensex posted a weekly fall of 0.2% following Friday's 0.5% decline to 34,915.38. The Nifty 50 Index dropped 0.6% to 10,618.25 on Friday, chalking weekly losses of 0.7% in the process. The day's losses on both the indexes came following an overnight decline on the S&P 500 Index and before the release of the closely watched U.S. jobs data.

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