In a lacklustre trading on Friday, the BSE bellwether Sensex ended about 39 points down on lower than expected Q3 results by software exporter Wipro, amid selling by foreign funds and weak Asian cues.
However, the top heavyweight and petrochem giant RIL helped cushion the Sensex fall by rising 1.73 per cent, ahead of its third quarter results to be announced later on Friday.
Smart rise in SBI, ICICI Bank, BHEL and M&M too supported the market to some extent.
Wipro tumbled 4.59 per cent, top loser from the Sensex pack on below expectations Q3 results. The company reported a 9.60 per cent jump in consolidated net profit. The company also surprised markets with resignations of the joint-CEOs of its IT business.
India’s largest electric equipment maker by sales Bharat Heavy Electricals (Bhel) gained ahead of its Q3 result today.
The Bombay Stock Exchange 30-share barometer moved a major part of the day in the negative terrain in a range of nearly 133 points before closing at 19,007.53, a net fall of 39.01 points or 0.20 per cent.
The NSE 50-issue Nifty also declined by 15.10 points or 0.26 per cent to 5,696.50.
