Nifty Week End Report

RBI Governor Raghuram Rajan also said on Thursday central banks risk sparking new crises by keeping their loose policy in place for too long.

Investors were cautious ahead of the June quarter current account deficit numbers due on Monday. India's current account deficit is expected to rise from the previous three-month period before easing due to a sharp fall in gold imports and improving exports.

Analysts said the market was precariously poised with its attention divided between weak macro data points and Infosys Ltd's results, due on October 11.

"Markets will remain lacklustre in the absence of positive triggers and I am bracing for the earnings season, but with a negative bias," said Sudip Bandyopadhyay, managing director of Destimoney Securities Pvt Ltd.

The benchmark BSE index fell 0.84 percent, or 166.58 points, to end at 19,727.27, also falling 2.6 percent for the week, marking its first weekly fall in five.

Nifty declined 0.83 percent, or 49.05 points, to end at 5,833.20, also falling 3 percent for the week, closing below its 200-day moving average for the first time since September 6.

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