Chinese stocks suffered their worst day in almost two years, with blue-chip led carnage drag markets into correction territory after steep falls overnight in US stocks.
Dow e-minis 1YMc1 were down 32 points, or 0.13 percent and S&P 500 e-minis ESc1 were up 3 points, or 0.12 percent.
The 30-share Sensex closed lower by 407.40 points or 1.18 percent at 34,005.76, while the Nifty fell by 121.90 points or 1.15 percent to end at 10,454.95.
Shares of Reliance Capital today went up by over 5 percent after the company reported a 50 percent rise in net profit in the third quarter ended December.
Sensex of the BSE, which opened at 34,002.45 points, closed at 34,005.76 points -- down 407.40 pts or 1.18% from its previous session's close.
British shares fell modestly on Friday in calmer trade at the end of a turbulent week which saw the FTSE 100 sink to a 13-month low as a sell-off struck global markets.
Shares of Fortis Healthcare jumped 24.5% amid reports that Manipal hospital, backed by TPG, is in advanced talks to merge the company with itself.
Indian equities plunged into the negative territory following the negative trend in Asian markets, along with heavy selling pressure in stocks.
Britain's FTSE 100 index is seen opening 40 points lower at 7,130.9 on Friday, according to financial bookmakers.