Indian shares registered a weekly loss, with the Nifty 50 settling lower on Friday due to hawkish central banks, lower earnings guidance by Accenture and consolidation in domestic benchmarks. While global central banks reflect hawkish stances, the domestic economic indicators remain favourable to sustain earnings growth. The Nifty 50 lost 0.56% to close at 18,665.50, and the S&P BSE Sensex fell 0.41% to 62,979.37 at Friday’s close, and both indexes lost 0.85% and 0.64%, respectively, for the week. The same has been the most significant weekly decline since late April.
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