Indian equities on Friday closed the day after losing 123 points following selling pressure.

Worldwide markets also saw a pessimistic tendency.

The 30-share index Sensex, which belled the day at 17,981.06, closed at 17,868.29, down 123.71 points (0.69%) as against its last closure at 17,992.

The broad-based Nifty closed the day after declining 0.76% at 5,367.6 as compared to its last closure at 5,408.9.

The BSE midcap index ended 0.35% up and the BSE smallcap index closed 0.2% higher.

The top gainers on the Sensex included M&M, SBI, HDFC Bank and Tata Steel.

The major losers on the Sensex comprised Bharti Airtel, Hero Honda, DLF, and ICICI Bank.

Worries of an American recovery faltering, fuelled by a muted estimation by the US Federal Reserve, frightened other major Asian bourses.

The Japanese Nikkei shut the shop 1.64% down at 9,537.3, whereas the South Korean Kospi closed 0.65% lower at 1,759.33.

Hong Kong's Hang Seng remained weak by 0.3% at 21,029.81 and the Chinese Shanghai Composite index closed shop 0.4% down at 2,637.5.

European markets remained in the negative zone on worry about the US financial system. (With Inputs from Agencies)