Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
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50-odd biz leaders are part of Modi's entourage for the 3-nation tour
Financial shares were among the top gainers with HDFC leading the gains.
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
The 50-share NSE Nifty slipped below the 8,200-mark to touch a low of 8,154.45, but settled at 8,170.80, down 90.95 points, or 1.10 per cent
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
For the past five months, ever since he was appointed the Ayushman CEO, Indu Bhushan, a former bureaucrat, has made Nirman Bhawan his second home, working nine to nine with his "dedicated team" on the Modi government's biggest initiative after the Goods and Services Tax, says Nivedita Mookerji.
'Children should be brought up connected to our culture and should be introduced to characters from our mythologies. What is this Baa Baa Black Sheep?'
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
When the government is out to get Mallya, why is it quiet about those people who are responsible for Air India's massive losses is a million dollar question
Investors turn their attention to export-driven sectors.
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
Markets shrugged off RBI's neutral stance on key policy rates.
An online platform suits many new angel investors who are professionals with tech companies or start-up founders.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
Far from public glare, company is investing in tech firms and providing consultancy.
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
This surpassed its previous record close of 29,974.24, reached on April 5.
Investors indulged in profit booking at attractive and higher valuations
To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
'The world wants India to succeed. It also worries now that India over-promises and under-delivers,' says Shekhar Gupta.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'