Closing Bell: Sensex ends nearly 100 points lower, Nifty gives up 10,800; IndusInd Bank down 3%

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.

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: 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

: Net profit at Rs 140.4 crore against Rs 87.4 crore.NII up 8.1 percent at Rs488 crore versus Rs451.5 crore, YoY. Net NPA unchanged at 3 percent, QoQ.

: 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.

Share is trading marginally lower ahead of its numbers to declare later today. The company is expected to report marginal growth in profitability for the quarter-ended December 2018, but revenue growth could be an average 1.5 percent considering a seasonally weak quarter.

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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.

: 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.

Benchmark indices are trading lower with Nifty slipped below 10,800 mark, while Sensex is also trading below 36,000 level.

The Sensex is down 119.47 points at 35,987.03, while Nifty is down 38.10 points at 10,783.50. About 972 shares have advanced, 1094 shares declined, and 140 shares are unchanged.

TCS, Tata Motors, IndusInd Bank, Larsen & Toubro and M&M are the top losers on the Sensex.