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Equities have ended the week on a negative note, with the Nifty giving up 10,800.
All sectoral indices, barring consumption, have ended in the red. The Nifty FMCG index ended nearly a percent higher. Weakness was visible among midcap names as well, with the Nifty Midcap closing with losses of one-fifth of a percent.
At the close of market hours, the Sensex was down 96.66 points or 0.27% at 36009.84, while the Nifty was down 26.60 points or 0.25% at 10795.00. The market breadth was negative as 1180 shares advanced, against a decline of 1403 shares, while 169 shares were unchanged.
ITC, Infosys, and UPL were the top gainers, while IndusInd Bank and Tata Motors lost the most.
Share price of S H Kelkar & Company rose 4 percent intraday Friday after company's subsidiary appealed against I-T department's order of tax demand
Karnataka Bank Q3 results: Net profit at Rs 140.4 crore against Rs 87.4 crore. NII up 8.1 percent at Rs 488 crore versus Rs 451.5 crore, YoY. Net NPA unchanged at 3 percent, QoQ.
December Auto Sales: Tata Motors' total group global wholesales reduced 13.9 percent, YoY. JLR group global wholesales at 45,474 units.
Dr Reddy's Laboratories is going to announce its Q3FY19 results on February 1, 2019.
Praj Industries hits 52-week high: Shares rallied 9 percent to hit a 52-week high of Rs 150 on Friday after the company expanded its bio-energy basket by adding compressed bio-gas (CBG) technology.
Buzzing: Shares of Lemon Tree Hotels added 3.5 percent intraday Friday after company signed a license agreement for resort property located at Dindi, Andhra Pradesh.
The crucial resistance for Nifty spot is now seen at 10870 and above this 10980 Support for the immediate term is now placed at 10620 next support will be 10530.
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