Indian equities slipped by 0.3% on Friday as the US market data weighed on the world markets hammering down the stocks and thumping the investor sentiments.
Sensex ended losing 0.37%, while Nifty closed by 0.22% after trading low throughout the day. India’s benchmark index turned positive during the day for a very short period of time.

Realty stocks gained while healthcare, Oil & gas shares remained steady. DLF, L&T, Mahindra &Mahindra, Jindal Steel and Reliance Infra shares made marginal gains. Along with the banking sector, IT, entertainment, telecom and FMCG sectors marked huge losses. Metals and auto stocks that scaled higher in the earlier session dropped. Stocks of consumer durables and power also went down.

Outsourcing giants Infosys and Wipro were the biggest losers on the BSE index. Shares of Wipro fell by 1.88% while Infosys stocks were down by 1.18%. Stocks of ICICI, HDFC, ITC, Tata Motors, Hindalco, Hindustan Unilever, Bharti Airtel also marked losses.

Most of the Asian markets were trading low following the release of US job data and decline of Wall Street. The Indian stocks were down 0.3 %, the Japanese Nikkei closed down by 1.96%, while the Chinese Shanghai Composite index was trading 1.7% low on Friday.