A benchmark index of the Indian equities markets ended trade on a weak note Friday, slipping 0.41 percent after lower than expected industrial production data acted as a dampner. Banking, telecom and realty stocks came under selling pressure.
The country's industrial output is projected to have expanded 10.3 percent in October, as per the latest official data released Friday, lower than what analysts had predicted.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,199.74 points and rose more than 162 points during the morning session, ended trade at 17,119.03 points, down 70.28 points or 0.41 percent from its previous close at 17,189.31 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty too ended in the red at 5,117.3 points, against the previous close at 5,134.65 points, a loss of 17.35 points or 0.34 percent.
Broader market indices also fell, with the BSE midcap index down 0.6 percent and the BSE small cap index 0.73 percent lower.
The market breadth was negative, with 1,084 stocks advancing, 1,754 scrips declining and 74 remaining unchanged.
The top gainers on Sensex were BHEL, up 3.12 percent; NTPC, 0.43 percent, Infosys, 0.42 percent; ACC 0.36 percent and Reliance Infrastructure, up 3.22 percent.
The top losers were Bharti Airtel, down 3.21 percent; ICICI Bank down 1.48 percent; SBI, down 1.31 percent; Jaiprakash Associates, down 1.12 percent and Reliance Communications down 1.1 percent.
Asian markets were in good shape Friday.
A key Japanese index, the Nikkei, 2.48 percent or 245.05 points up at 10,107.87 points owing to short covering by investors as futures contracts expired.
The Hang Seng, a benchmark index of the Hong Kong Stock Exchange, too ended higher at 21,887.47 points, 0.86 percent or 187.43 points up.
The Kospi, the benchmark index of the Korean Stock Exchange, was also in the green, having moved up 0.25 percent at 1,656.9 points.
However, in China, the Shanghai composite index closed in the red at 3,247.32 points, down 0.21 percent.
European markets mirrored gains of its Asian peers and the US bourses good showing Thursday.
The FTSE 100 index, benchmark index of the London Stock Exchange, was ruling higher at 5,280.27 points, 35.9 points or 0.68 percent up.
The French index, CAC 40, was similarly ruling at 3,798.38 points, up 1.09 percent, while its German peer, the DAX, was trading 1.08 percent higher at 5,709.02 points.