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Share market highlights: Sensex ends 18 points down, Nifty near 11,700; TCS, HUL top losers

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Stock market highlights: The Sensex and Nifty ended lower on Friday, giving up gains from the morning trade. The Sensex closed 18 points down to 38963,26, while the Nifty closed near the 11,700-mark. TCS share price closed 3.7% lower at Rs 2,132.50, while HUL shares ended 2% lower at Rs 1,692.80.

Asian share markets were subdued on Friday amid thin holiday trade although the dollar found support as investors pared expectations for a US rate cut this year while oil prices loitered near one-month lows on oversupply fears.

Australia’s benchmark index was last up 0.2 percent, New Zealand shares were off 0.5 percent while South Korea’s KOSPI slipped 0.3 percent. Trading volumes were light across Asia with markets in China and Japan still closed for holidays, Reuters reported. We bring to you Live updates.