The wider 50-share NSE index fell 1.78 percent to 4,836.20. In the broader market, there were six losers for every gainer on total volume of about 278 million shares.
Asian stocks fell to a 16-month low and emerging market currencies tumbled on Friday amid fears of a global recession, but a pledge from the G20 to preserve financial stability helped stem losses.
The MSCI's measure of Asian markets other than Japan was down 2.54 percent. Japanese markets were shut on Friday for a public holiday.
S&P 500 futures however were trading higher on Friday, suggesting Wall Street stocks might steady up later after a drop of around 3 percent on Thursday.
Reliance Industries, the country's most valuable firm and the heaviest stock in the main index, was down 1.8 percent at 772.50 rupees. Read More
0 comments: