The Indian benchmark closed on Friday in negative terrain, consecutively second day in a row, ahead of heavy profit booking.

The BSE Sensex closed lower by 173.53 points at 15,237.94 while, NSE Nifty ended down by 54.30 points at 4,583.40. The BSE Sensex touched intraday high of 15,600.30 and intraday low of 15,174.28.

Further, BSE Mid Caps and Small Caps Indices also closed the trading session with losses of 112.55 and 135.78 points at 5,235.03 and 6,014.66 respectively.

The domestic benchmark indices opened on Friday, above the previous close, tracking the positive cues from the markets across the world. The market continued its rally till mid session on support from Asian markets.

But, during the final trading hours, the market pared all its intraday gains and settled the day with losses, on account of heavy selling pressure observed in key stocks,.

On sectoral front, Realty, Auto, Tech, Consumer Durables, Capital Goods, Bank and Power stocks contributed to most of the selling pressure. However, Metal and Oil & Gas stocks managed to gain favour from the market.

Losers from the BSE Sensex pack were Ranbaxy Lab (6.03%), DLF Ltd (5.80%), RCom (4.38%), M&M Ltd (3.92%), Tata Motors (3.69%), SBI (3.49%), Reliance Infra (3.14%), Wipro Ltd (1.74%), Bharti Airtel (2.83%) and HDFC (2.76%).

Gainers from the BSE Sensex pack were Reliance (2.48%), Sterlite Industries (2.26%), ONGC Ltd (0.80%) and Tata Steel (0.78%).