Gainers among the Sensex included Wipro, up 3.37 percent at Rs.384.70; Sterlite, up 3.32 percent at Rs.575.70; Infosys, up 2.97 percent at Rs.1,726.50; and TCS, up 1.56 percent at Rs.394.65.

Among the losers were Reliance Infra, down 6.5 percent at Rs.1,029.45; Jaiprakash Associates, down 5.62 percent at Rs.186.25; Reliance Communications, down 5.43 percent at Rs.242.15; and HDFC, down 4.66 percent at Rs.2,199.15.

Data with the market watchdog, Securities and Exchange Board of India (SEBI), showed that foreign funds were net sellers, shedding shares worth $59.6 million Friday.

In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo stock exchange, closed Friday's trading at 9,287.28 points, down 3.78 points.

The Hang Seng, a primary index of the Hong Kong stock exchange, also closed in the red, down 82.17 points at 17,708.42 points.

European markets were trading in the red as well with the FTSE 100, a key British index, ruling 31.86 points down at 4,126.8 points, while its French peer CAC 40 was ruling 17.29 points lower at 3,008.65 points.

Futures of key US market indices pointed to a weak opening of the main indices Friday, with the Dow Jones futures ruling about 0.3 percent lower, while the Standard and Poor's index lost 0.4 percent.

The futures of technology heavy index Nasdaq was also trading 0.3 percent down.