rising fast on a MoM basis. The rupee weakened after remaining in a tight band for the past few days, largely due to the weak global markets and the weak trade data.
The Sensex would start the next week (truncated by two holidays) with Infosys numbers followed by those of TCS and HCL later into the week. Apart from this, there would be inflation data.
BSE Sensex retreats from record highs, Reliance Industries shares drop
(Reuters) BSE Sensex fell on Friday, retreating from record highs hit in the previous session as blue chips such as Reliance Industries (RIL) shares retreated ahead of quarterly earnings and inflation data due next week.
Sentiment was also hit by a slide in global shares as steep falls in U.S. technology and biotechnology stocks spread to other sectors and regions.
Reliance Industries provisionally fell 1.8 percent, while Larsen & Toubro ended lower 1.4 percent.
The benchmark BSE index provisionally closed 0.46 percent lower, while the broader NSE Nifty index lost 0.4 percent.