Falling for the second straight day, the benchmark BSE Sensex on Friday slipped 258.53 points to end at nearly two-week low of 28,112.31 on muted earning figures reported by companies so far and weak global cues. Moreover, weakness in rupee, which fell 23 paise against dollar (intra-day) too hit sentiments, brokers said.
Asian markets ended lower after a survey showed China's manufacturing activity tumbled to 15-month low in July. The 30-share BSE barometer fell by 58.53 points or 0.91 per cent to 28,112.31, with all the sectoral indices, except consumer durables and FMCG, ending in negative zone.
The gauge has now lost 392.62 points in two days. The NSE Nifty ended 68.25 points or 0.79 per cent down at 8,521.55 after shuttling between 8,513.50 and 8,589.15 intra-day. On a weekly basis, the Sensex and Nifty ended lower by 351 points (1.23 per cent) and 88.30 points (1.02 per cent), respectively. Sentiments were also dampened on investors' worries over the fate of key reforms bills including GST.