Sensex, Nifty Give Up Early Gains To End Lower

Indian shares ended a choppy session lower on Friday, with rising oil prices and worries over the impact on earnings from the U.S.-China trade dispute denting sentiment.

The benchmark S&P BSE Sensex ended down 86.88 points or 0.22 percent at 38,736.23 in a late sell-off as investors awaited cues from Infosys' earnings and macro data due out later in the day.

The broader Nifty index dropped 30.40 points or 0.26 percent to 11,552.50. Both benchmarks clocked their worst weekly losses since May 12.

Larsen & Toubro, Coal India, Bajaj Finance, ONGC and Wipro fell 2-3 percent while Yes Bank, Asian Paints, Tata Steel, Sun Pharma and Vedanta all rose over 2 percent.

Infosys rose 1.2 percent before unveiling its quarterly results later in the day.

Globally, Asian markets ended broadly higher even as underlying sentiment remained cautious after U.S. President Donald Trump accused China of backsliding on its promises to increase purchases of American farm products.

European stocks rose in early trade, as reassuring export data out of China as well as encouraging Eurozone industrial production data helped investors shrug off concerns surrounding the U.S.-China trade war.

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