Nifty, Sensex Slip As Wipro, ONGC Drag

Indian shares closed lower after a volatile session on Friday, led by declines in IT firm Wipro Ltd and Oil and Natural Gas Corporation Ltd.

The broader NSE Nifty closed down 0.26% at 11,552.5, while the benchmark BSE Sensex settled 0.22% lower at 38,736.23. Both indexes saw their worst week since May 10.

Wipro was the biggest percentage loser on the NSE Nifty, falling 3.3% to its worst closing level since March 29, while energy giant ONGC slipped 2.2%.

India's no.2 IT services firm Infosys Ltd closed up 0.7% ahead of its quarterly results.    

(Reuters)