Market breadth remained in favour of declines as out of 2,859 companies traded on BSE, 1,697 declined and 1,017 advanced while 145 stocks remianed unchanged.
On a weekly basis, Sensex gained 0.36 per cent while Nifty added 0.26 per cent.
In the broader market, the S&P BSE Midcap index fell 84 points or 0.59 per cent to settle at 15,077, while the S&P BSE SmallCap index slipped 66 points or 0.44 per cent to close at 14,759.
Sectorally, barring realty stocks, all the indices declined. PSU banks bled the most, followed by media and auto stocks. The Nifty PSU Bank shed 2 per cent to end at 3,124 while the Nifty Auto index lost 1.28 per cent to close at 8,337.
ITC reclaimed the top spot in the list of India's most-valued fast moving consumer goods (FMCG) company in terms of market capitalistaion (market-cap) after a gap of five months by surpassing Hindustan Unilever (HUL). The stock, eventually, ended at Rs 298 apiece, down 10 per cent.
Shares of Maruti ended nearly 2 per cent lower at Rs 6,558 on BSE. The stock has fallen over 7 per cent in the past four trading days, after the emergence of a report suggesting the company cut production due to lower demand.
Aviation stocks rallied during the trade. SpiceJet ended 7 per cent higher at Rs 98 apiece.
Asian shares held near 6-1/2-month highs on Friday after upbeat US data and optimism in the tech sector helped calm some of the jitters sparked by the Federal Reserve’s cautious outlook on the world’s biggest economy.
Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by US sanctions on Iran and Venezuela.