The Mumbai stock exchange closed down 0.44 percent at 8,491.56 Friday in volatile trade amid sustained regional weakness triggered by interest rate concerns in the United States, dealers said.
The 30-share Sensex index fell 37.14 points after ranging from a high of 8,586.43 and a low of 8,410.69. Turnover was moderate at 36.03 billion rupees (822 million dollars) as 1,671 stocks declined and 832 advanced.
Dealers said the market gained in early trade on hopes of strong second quarter corporate results, but later dropped amid an overall global weakness driven by concerns over the US economy.
Key software shares were mixed ahead of three months to September results starting next week. Infosys closed down 1.78 percent or 46.55 rupees at 2,569.40, Wipro slipped 0.41 percent or 1.60 rupees to 388.0, while Tata Consultancy gained 1.36 percent or 19.40 rupees to 1,445.45.
Index heavy Hindustan Lever gained 2.82 percent or 4.95 rupees to 180.45, while Reliance Industries lost 0.24 percent or 1.90 rupees to 788.95.
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