The Bombay Stock Exchange benchmark index, Sensex, closed with a 63-point loss on Friday even as economic reforms got a shot in the arm. The index ended the day 62.70 pointslower at 19424.10 led by realty and IT stocks. In the 30-share index, 19 stocks declined, including RIL, Infosys, HDFC, TCS and ICICI Bank.
The National Stock Exchange 50-issue S&P CNX Nifty index fell back by 23.50 points and ended at 5907.40.
Auto counters attracted good buying support after Maruti Suzuki rose to a one-year high after the company said it would hike the prices of vehicles across all models by up to Rs. 20,000 from January.
On a weekly basis, Indian stock markets extended gains for third straight week.
The rupee fell from its one- month high by losing 33 paise to end the day 54.47 against the dollar.
The rupee resumed lower at 54.25 a dollar against the previous close of 54.14 at the interbank foreign exchange market but immediately touched a high of 54.09 on initial dollar selling by exporters.
However, it later turned negative and logged a low of 54.57 before closing at 54.47. Forex dealers said fresh dollar demand from importers also weighed on the rupee sentiment. —PTI