At the end of the trading session, BSE Sensex was down 501.51 points or 0.61 per cent at 81,757.73, and the Nifty 50 at National Stock Exchange (NSE) was down 143.05 points or 0.57 per cent at 24,968.40.
The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector.
At close of trading, the Sensex was down 375.24 points or 0.45 per cent at 82,259.24, and the Nifty declined 100.60 points or 0.40 per cent at 25,111.45.
Indian benchmark indices on Wednesday opened flat due to the weakness in Asian markets and cautious investors' sentiment ahead of the corporate earnings and major economic updates on trade discussions.
Participants in the Indian stock markets will closely monitor first-quarter earnings of companies, progress in the US tariff talks, key macroeconomic data, and other global cues for the trading sessions starting from Monday, according to the experts.
Indian stock markets on Friday ended on a negative note due to a sober start to the first quarter earnings season and a ramp-up in the tariff threat by the US of 35 per cent on goods imported in the US from Canada.
Indian equity benchmarks concluded the day in the red territory, weighed down by weakness in IT stocks. The stock markets on Thursday witnessed selling pressure at higher levels.
The Indian stock markets on Tuesday ended higher, recovering from the flat opening due to the news of a possible mini trade deal between India and the United States late in the night.