Equity indices treaded lower on Friday, weighed by banking, energy and FMCG stocks, after the RBI left interest rates unchanged but slashed the GDP growth estimate for this fiscal following the second wave of Covid-19.
Lacklustre global cues and a weak rupee also soured risk appetite, traders said.
The 30-share BSE Sensex ended 132.38 points or 0.25 per cent lower at 52,100.05, a day after closing at its lifetime peak.
On similar lines, the broader NSE Nifty slipped 20.10 points or 0.13 per cent to finish at 15,670.25.
Nestle India was the top laggard in the Sensex pack, declining 1.97 per cent, followed by SBI, HDFC Bank, ICICI Bank, Axis Bank, Titan, HUL and Reliance Industries.
On the other hand, Bajaj Finserv, ONGC, L&T, Bajaj Finance and HDFC were among the gainers, climbing up to 2.53 per cent.
During the week, the Sensex rallied 677.17 points or 1.31 per cent, while the Nifty soared 234.60 points or 1.51 per cent.