On the global front, European markets made a negative start on Friday as political uncertainty in Italy and France intensified. Sunday's referendum in Italy continues to worry investors as it could spark fresh elections and complicate the recapitalization process of Italian banks. Investors also remained cautious ahead of the US jobs report due tonight.
The BSE Sensex ended with a loss of 329.26 points at 26,230.66. The benchmark indices opened at 26437.37, touched an intra-day high of 26463.06 and low of 26182.93.
The NSE Nifty closed 106.10 points lower at 8,086.80. It opened at 8,153.55 points, hitting a high of 8,159.30 and low of 8,070.05.
The India VIX (Volatility) index was up 7.46% at 17.9325. The BSE Midcap closed at 12199.18 and Smallcap indices closed at 12083.20, both indices ending 1% lower.
Out of 1542 stocks traded on the NSE, 1182 declined and 295 advanced today.
A total of 16 stocks registered a fresh 52-week high in trade today, whereas 12 stocks touched a new 52-week low on the NSE.
At the close of day, Eicher Motors, Idea, Tata Power, Bajaj Auto, Ultra Cement, Cipla, Bharti Airtel were the top gainers while Maruti, Tata Motors, Asian Paints, Adani Ports, Zee Entertainment, BPCL were among the losers on NSE.
The rupee was trading at 68.23 per US dollar. Gold was trading at Rs 28,263 per 10 gms and silver was trading at Rs 39,728 per kg.
On the global front, most Asian indices closed in red and marginally down. In Europe, the FTSE 100 was down 0.99%. CAC 40 and DAX was down 1.33% and 0.93% respectively, where all indices were trading in red while, the US Nasdaq was down 1.38%.