Indian shares fell for a third consecutive session on Friday to post a weekly loss, tracking weak global markets as caution prevailed about the possibility of an interest rate hike by the US Federal Reserve as early as June. 

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The broader NSE Nifty closed down 0.43% at 7,749.70, after rising as much as 0.37% earlier in the session. It lost 0.4% for the week.  The benchmark BSE Sensex ended down 97 points, 0.39% at 25,301.90.

On 30-share benchmark, the top gainers were Karnataka Bank (7.14%), Edelweiss (6.40%), Pidilite (5.97%), Gati (4.56%) and Just Dial (3.88%). Among the top losers were Lupin (9.10%), Shipping Corporation of India (6.48%), Jet Airways (4.82%), Gujarat State Fertilizers & Chemicals (4.27%) and Balram Chini (4.08%).

(With Reuters inputs)