Nifty, Sensex end lower; IT stocks slump

Indian shares ended lower on Friday, dragged by losses in information technology stocks, as global investors were cautious about mixed signals surrounding the US-China trade deal.

The Nifty ended 0.45 per centlower at 11,914.40, while the Sensex was down 0.53 per cent at 40,395.41. For the week, the Nifty and Sensex edged up 0.16 per cent and 0.01 per cent, respectively.

China said it was willing to work with the United States to resolve core trade concerns, but the USbills backing protesters in Hong Kong, which President Donald Trump is expected to sign, seemed to undermine planned trade talks between the world's two largest economies.

In the domestic market, the Nifty IT index ended 1.95per centlower, led by losses among heavyweights such as Infosys and Tata Consultancy Services, down 2.85 per cent and 2.41 per cent respectively.

Tata Steel was the top gainer and rose 3.87 per cent.