The 30-share index BSE Sensex marked its closure on a weak note on Friday (Oct 09) weighed by hefty losses recorded by Tata Motors, Sterlite Industries and Reliance Infrastructure. IT, Auto, banking and power shares also ended on a dreary note.

After opening the day on a positive note, the markets turned lusterless and fell into the pessimistic region on account of heavy profit booking witnessed across heavyweights in spite of positive results declared by Infosys amid strong worldwide signals. Later, Sensex continued its negative trend as frontline stocks were under heavy pressure to lastly shut the day on a low note.

BSE Midcap and Smallcap index also remained weak and dropped 0.69% each.

The Sensex closed the week at 16,642.66, down 200.88 points, after hitting an intraday high of 16,963.08 and an intraday low of 16,606.95. On the other hand, Nifty wrapped the week after losing
57.05 points at 4,945.20 after touching an intraday high of 5,032.60 and an intraday low of 4,934.55.

Among sectoral indices, BSE Auto remained the top loser by declining 1.72% followed by Bankex, which fell 1.60%, IT lost 1.43%, Power dangled 1.43%, Capital Goods went down -1.42%, while BSE Consumer Durables remained up by 0.35%.

Bharti Airtel, ONGC, RCom and HUL were the major gainers in the Sensex pack.

On the other hand, the major losers in the Sensex included Tata Motors, Sterlite Ind, Rel Infra, Grasim Ind, Mah & Mah and Maruti Suzuki India.

Software giant Infosys Technologies recorded a 7.54% growth in its consolidated net profit for the three month period ended September 30, 2009. During the period under review, the company's net profit surged to Rs 15.40 billion as against Rs 14.32 billion in the corresponding period of 2008. The company's consolidated income from software services, products and BPM for the period under review zoomed 3.08% to Rs 55.85 billion as compared to the prior year period.

Mastek, a high-end IT solutions player, registered a profit after tax (PAT) of Rs 264 million for the three month period ended September 30, as against PAT of Rs 353 million in the quarter ended June 2009.