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

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

China said it was willing to work with the United States to resolve core trade concerns, but the U.S. bills 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 1.95% lower, led by losses among heavyweights such as Infosys and Tata Consultancy Services, down 2.85% and 2.41% respectively.

Tata Steel was the top gainer and rose 3.87%.


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  Nifty Future Tips

Nifty future is nothing but the index future where the underlying is the S&P CNX Nifty index. In India, index futures trading started in 2000 in NSE. For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty future tips contracts also have a three-month trading cycle - the near-month, the next month and the far-month.

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