associate sponsors

Havells
HDFC

Sensex posts biggest weekly drop since July 2009 | Reuters

India's stock markets inched higher on Friday but posted their biggest weekly falls since July 2009 as disappointing corporate earnings and weak global markets hit sentiment.

The broader Nifty ended 0.07 percent higher, but closed the week down 6.78 percent.

The benchmark BSE Sensex gained 0.15 percent, but lost 6.62 percent on the week.

Both indexes posted their biggest percentage declines since July 2009.

Asian shares fell for a sixth straight session on Friday as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and slowdowns in China and other emerging markets.

(Reporting By Manoj Rawal; Editing by Biju Dwarakanath)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Feb 12, 2016 23:45 PM

Also Watch

Firstpost in Russia: Moscow to St. Petersburg, on a free World Cup train
  • Monday, July 2, 2018 Social Media Star: Richa Chadha, Kunal Kamra talk about their political views, and why they speak their mind
  • Tuesday, June 26, 2018 It's A Wrap: Swara Bhasker talks about Veere Di Wedding and Twitter trolls, in conversation with Parul Sharma
  • Tuesday, June 19, 2018 Rahul Gandhi turns 48: Congress chief, who once said 'power is poison', should focus on party rather than on 'hate Modi' mission
  • Monday, June 4, 2018 It's A Wrap: Bhavesh Joshi Superhero makers Anurag Kashyap, Vikramaditya Motwane in conversation with Parul Sharma

Also See