Indian markets ended lower on Friday, dragged by metals, IT stocks, after the economic survey predicted FY20 GDP growth at 6-6.5%.
The BSE Sensex ended 190 points lower at 40,723, while the Nifty50 index fell 74 points to settle at 11,962 dragged by metal, auto and IT stocks.
Industry heavyweights RIL, TCS, ICICI Bank, and HCL Tech contributed the most to the losses, as broader markets were mixed for the day. While Nifty Midcap index shed 0.7 percent, and the Nifty SMallcap was flat.
Kotak Bank, SBI, IndusInd Bank, Bharti AIrtel, and Bajaj Auto were the top gainers on the Nifty while Tata Motors, ONGC, PowerGrid, UPL, and IOC led the losses.