The benchmark BSE Sensex plummeted by 562.88 points on Friday to hit nearly 14-month low of 25,201.90 amid heavy selling in global equities ahead of the US jobs report.

    Friday's closing was the lowest level since July 14, 2014 when the index had closed at 25,006.98.

    Experts say a strong non-farm payrolls data is expected to allow Federal Reserve to consider a September rate hike.

    "The global risk is getting highlighted with the focus mounting on the prospects of a US rate hike soon," said Vinod Nair,  head - fundamental research at Geojit BNP Paribas Financial.

    Fresh weakness in the rupee against dollar also weighed.

    On a weekly basis, the Sensex lost 1,190.48 points or 4.51% and Nifty fell 346.90 points or 4.33%. This is the fourth straight weekly plunge for both the indices.

    On the day, the NSE Nifty also cracked the 7,700-level.

    Gaurav Jain, director of Hem Securities, blamed continued selling pressure by the foreign investors, weakness in rupee and global jitters for the sell-off.

    The 30-share index stayed in the negative zone for most part of the day and touched a low of 25,119.06 before ending at 25,201.90, a steep fall of 562.88 points or 2.18%.

    The gauge had gained 311.22 points in Thursday's trade.

    The broader NSE Nifty also succumbed to all-round selling and slipped below the crucial 7,700-mark to settle the session 167.95 points or 2.15% down at 7,655.05.

    In broader markets, small-cap and mid-cap indices closed lower by 2.47% and 1.90%, respectively.

    Vedanta was the top Sensex loser, tumbling 4.84%, followed by GAIL 4.73%.

    Out of 30-share Sensex pack, 28 fell, while only Bharti Airtel and Coal India managed to buck the trend.

    Sectorally, BSE realty index suffered the most by plunging 3.32%, followed by infra 3.24%, power 3.03%, bankex 2.65%, healthcare 2.42% and IT 2.34%.

    Among other Asian markets, Japan's Nikkei fell 2.15% and Hong Kong's Hang Seng shed 0.45%, while Chinese financial markets remained closed on Friday.

    European markets were also in deep red on anticipations of a strong US jobs data.

Big B attends, Aamir misses Phalke awards

  • Saira Banu, Dilip Kumar, Amitabh Bachchan

    Saira Banu, Dilip Kumar, Amitabh Bachchan

  • Kajol with sister Tanisha

    Bollywood actor Kajol (C) with sister Tanisha (L) and yesteryear star Saira Banu at the prestigious event.

  •  Amitabh Bachchan with Marathi actor Sulochana

    Megastar Amitabh Bachchan with Marathi actor Sulochana during the 143rd Dadasaheb Phalke Academy Awards 2012.

  • Kajol and Saira Banu

    Kajol (L) and Saira Banu (R) were seen bonding at the ceremony.

  • Kajol and her sister Tanisha

    Indian Bollywood actress Kajol (R) and her sister Tanisha (L) attend the 143rd Dadasaheb Phalke Academy Awards 2012 ceremony, celebrating Indian Cinema.

  • Ali Zafar during the Dadasaheb Phalke Academy Award

    Pakistani singer-actor Ali Zafar during the Dadasaheb Phalke Academy Award 2012 function, in Mumbai on Thursday night.

  • Dilip Kumar-Amitabh Bachchan

    "The high as always, the meeting with Dilip Saheb, Dilip Kumar, Yusuf Khan! It is tough to see a frail idol admired by millions and ...

  • Dilip Kumar's wife Saira Banu

    Amitabh was all praises for Dilip Kumar's wife Saira Banu for taking care of the yesteryear star so well. "Credit really to Saira ji who ...

Actors Amitabh Bachchan, Dilip Kumar, Saira Bano and Vinod Khanna received the Dadasaheb Phalke Academy Awards on Thursday in Mumbai.

Aamir Khan, who was supposed to attend the awards ceremony, gave it a last-minute miss.

Tanuja’s daughters Kajol and Tanisha received the award on their mother Tanuja’s behalf. Thespian Dilip Kumar seemed visibly upset with the media for constantly clicking pictures.

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