BSE Sensex fell on Friday to mark its first weekly fall
in four, as blue-chips such as State Bank of India (SBI) declined after foreign
investors sold shares for a fourth consecutive session, while caution was also
seen ahead of GDP data and the Reserve Bank of India's (RBI) policy review.
State Bank of India fell 2.7 percent while ICICI
Bank fell 2 percent.
The benchmark BSE index provisionally closed 0.07 percent
lower at 24,217.34 points, while the broader NSE index ended 0.08 percent down
at 7,229.95 points.
Stock news:
Shares of Indian Oil Corporation were up nearly 1.86% at
Rs 361 on the BSE after posting 40% rise in net profit to Rs. 7019 crore for the year ended March 31, 2014 as
compared to Rs. 5005 crore for the year ended March
31, 2013.
Tata Motors was down 1.1% after reporting a consolidated
net profit of Rs 3,918 crore for the reporting quarter, a drop of 0.68%
from Rs 3,945 crore in the same quarter last year.
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