At the close, the Sensex was down 110 points at 18,682 and the Nifty had given off 34 points to end the week at 5,684.
Earlier in the day, the markers started marginally lower.
In the intra-day trades, the Sensex had touched a low of 18,612 and a high of 18,770.
In the broader markets, the midcap index closed in line with the Sensex, down 0.5% while the smallcap index ended down 0.3%.
Technical analyst, Salil Sharma indicates that on the downside, Nifty has an important support at 5,620.
This is a critical level and if the index breaks this level then it can go down to 5,530.
On the upside, resistance is seen at 5,755 and this level is taken then Nifty may move up to 5,825 levels. If there is a rate cut then we may move to a higher trajectory.
Asian markets closed on a mixed note.
Japan's Nikkei share average topped the 9,000 level on Friday to log its best weekly gain in nearly a year as expectations of easing from the Bank of Japan and robust risk sentiment on the back of an improved global outlook softened the yen for the seventh day.
The index was up 0.2% at 9,003.the only other market in the green was Hang Seng up 0.1%.Shanghai Composite closed down nearly 0.2% at 2,128.
In the European markets, CAC, DAX and FTSE opened in the red, losing 0.1-0.4%.
Back home, among the sectoral indices on the BSE, FMCG and Consumer Durables which was up 0.8% and 0.4%
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