The S&P BSE Sensex was down by 539.72 points to 77,516.79, while the NSE Nifty50 declined by 147.50 points to 23,455.60 as of 2:43 PM.

U.S. stocks were edging lower on Friday, as investors waited on a monthly jobs number that could help determine if the Federal Reserve has any scope to cut interest rates this year.

Shares of Mazagon Dock Shipbuilders reacted positively to the earnings announcement, gaining 3.5% on the BSE to trade at ...