The 30-share BSE benchmark Sensex fell 199.76 points or 0.26 per cent in a volatile to close at 75,939.21. The NSE Nifty went down by 102.15 points or 0.44 per cent to close at 22929.25.

ONGC, ITC, Britannia, SBI, Adani Ports are among major losers on the Nifty, while gainers are Tata Steel, Bharti Airtel, Trent, JSW Steel, Hindalco. The Nifty Midcap index was up marginally, while smallcap index shed 0.

With Asian stocks rising in early Friday trading and overnight Wall Street indices closing the day higher after the announcement of reciprocal US tariffs, the Gift Nifty, which is trading at a premium of about 90 points above Nifty Futures Thursday completion,