The currency lost six paise on sustained dollar demand from importers.
Stocks of companies having operations and exports to Europe were the top losers.
The markets will remain choppy ahead of RBI policy.
Samsung has been facing competition from local mobile handset makers like Micromax, Lava and Karbonn but it has maintained its lead in smartphones.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.
Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.
The dollar strengthened against major world currencies.
BSE Bankex and Telecom indices led the fall.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
India is likely to attract increasing notice from global investors.
India's trade deficit shrank to a 10-month low in December as global oil prices tumbled and demand for gold fell, auguring well for Indian current account balance and the rupee.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
The company's revenue rose 16 per cent at Rs 17,535 crore.
Gates, who is to attend the World Economic Forum's Annual Meeting, on Monday said there is reason to be optimistic than ever about the future progress using vaccines to give all children a healthy start to life.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
A weak rupee makes imports costlier, including oil and other commodities.
The aim is a vast improvement in quality that would lead to a surge in demand for low-end Android phones
India builds up record FX after Fed hints rate hike in future.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
In a competitive market, pricing is the management's business. The consumer has so many choices -- single screens, multiplexes, TV, online streaming or DVDs. Nothing forces him to go to a multiplex. Nor are films an essential commodity where prices have to be regulated, says Vanita Kohli Khandekar.
'India, he announced, is a "free, open, inclusive region" committed to the "common pursuit of progress and prosperity".' 'Prosperity yes. But free? Open?' 'Ask the Dalit tanner, the Muslim butcher, the Christian priest who writes pastoral letters.' 'Ask cattle traders of any religion or a Delhiwallah who enjoys a juicy steak.' 'Ask a Muslim who falls in love with a Hindu or vice versa,' says Sunanda K Datta-Ray.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
Top sources in RBI blamed 'unwarranted rumours' about controls on foreign institutional investors' money to the nearly 770 point drop in the benchmark Sensex and rupee dipping to its lowest levels.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.' 'Britain always had what you call in EU lingo 'opt out clauses', which other countries don't have.'
Remittance into India from foreign countries has already seen a jump of 25% in the last two months
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
The Ambassador was a durable enough brand to outlive the licence raj.
It's difficult to understand if GDP growth has actually improved.