The domestic indices were dragged by bank, financial, consumer goods and energy stocks. The 30-share BSE Sensex pack fell 256 points or 0.39 per cent to close at 64,831; while the broader NSE Nifty index moved 94 points or 0.48 per cent down to settle at 19,254.
Indian equity benchmarks ended the passing week with a cut of around half a percent after RBI announced the status quo on the benchmark lending rate amid inflation worries.
Sensex closed the day with a gain of 349 points, or 0.58 per cent, at 60,649.38 while the Nifty50 shut shop at 17,915.05, up 101 points, or 0.57 per cent.
Sensex and Nifty 50 gained by nearly a percent tracking strong global cues. The focus has shifted towards RBI s monetary policy and fourth-quarter earnings season. Midcap and smallcap stocks saw a turnaround and snapped their previous days losing streak in the current week.
From the Sensex pack, Tata Motors, Sun Pharma, Wipro, Tata Consultancy Services, UltraTech Cement, Tech Mahindra, Bajaj Finserv, HCL Technologies, Infosys and IndusInd Bank were the major laggards.