The Sensex fell by 29 points more on Friday as there was a negative reaction by investors due to U. S. unemployment data displaying that a greater number of Americans will perhaps try and reek unemployment benefits, thereby hampering the global economic recovery.

Earlier in the previous session, the Sensex had lost 45 points. Now it lost 28.84 more points and came down to 18,143.99.

National Stock Exchange index Nifty too came down by 7.85 points and settled at 5,439.25.

Initial profits on the Sensex were erased. The banking and IT sectors got their positions reduced. However, the consumer durables, fast moving consumer goods and auto sector stocks went up due to expectations of a better monsoon generating buying power in the rural areas.

Reliance Industries, which is the most valuable entity, came down by Rs. 6.65 to Rs. 1,000.30, as IT major Infosys Technologies reduced by Rs. 9.35 to Rs. 2,864.05. The share of State Bank of India has decreased by Rs. 26.35 to Rs. 2,620. These three companies have almost a 29 per cent weightage on the Sensex.

At the end of the day, 22 stocks closed at red while eight ended in green. The chief losers were Banking, IT and refinery stocks.