Sensex falls ahead of inflation; Infosys surges

Mumbai: The Sensex fell on Friday as caution ahead of inflation data next week hit banks such as State Bank of India and spurred profit-taking in recent outperformers such as ONGC.

However, Infosys Ltd provisionally surged 16.8 per cent, potentially posting its biggest daily per centage gain, after reporting a stronger-than-expected October-December profit and raising its annual revenue forecast. State Bank of India fell 2.1 per cent, while Oil and Natural Gas Corp Ltd fell 3.3 per cent.

The Sensex provisionally ended down 0.38 per cent, while the Nifty lost 0.43 per cent.