The fall in Indian stocks was in line with their Asian peers as expectations of a U.S. interest rate hike weighed on sentiment. Indian shares fell as much as 0.3 percent on Friday and were headed for their first weekly fall in six as investors booked profits after a rally that lifted the benchmark indexes to near two-year highs in the previous session. BSE Sensex closed with a drop of 7 points at 28832 while NSE Nifty lost 2 points at 8897.
In broader market, maximum sectors closed with a negative breath. BSE Small Cap hiked 45 points at 13620 and BSE MidCap gained 31 points at 13409 while Bank Nifty lost 64 points at 20495.